
Why 2021 won’t be the death of retail and office investments
Despite being one of the hardest-hit property sectors, investors in commercial property are being advised not to abandon their investments,...
Property investors have seen a 4.47% gain in EAST TAMWORTH based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on EAST TAMWORTH, 2340 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 11.24%.
Based on its average 5-year and quarterly capital gains EAST TAMWORTH, 2340 saw average growth in the long term.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $467,500
Profits averaged 3.77% per annum over a 3-year period, due to an upward trend in home prices in EAST TAMWORTH, 2340.
This means, real estate investors could earn a rental income of $360 based on current median home prices for the suburb.
The gross rental yield in EAST TAMWORTH, 2340 is 4%.
An average of 7.83 real estate transactions take place per month in EAST TAMWORTH which translates to 94 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $467,500 | $275,000 |
GROWTH REPORT | ||
Median Quarterly | 4.47% | 3.77% |
Median 12 month | 11.24% | 5.77% |
Median 3 years | 11.31% | -3.51% |
Median 5 years | 23.03% | 38.02% |
10 years average annual | 3.73% | 4.88% |
Weekly media advert. rent | $360 | $280 |
Time on Market | 126.1 days | 91.2 days |
Gross Rental Yield Percent | 4% | 5.29% |
Despite being one of the hardest-hit property sectors, investors in commercial property are being advised not to abandon their investments,...
The December quarter saw auction volumes rise in combined capital city markets, with the bulk of the uplift attributed to Melbourne. ...
Regional markets have shown impressive long-term returns over 2020, in what has been a rather tumultuous year for the rest of the real estat...
Experts believe that RBA’s forecasted 30 per cent growth in property prices over the next three years will materialise in 75 per cent of A...
With investors eager to pursue opportunities post-pandemic, experts warn that plenty of risks still remain. ...
Dwelling unit commencements have continued to fall, but the bright spot has been new private sector houses, figures have shown. ...