BENDIGO 
1 MIN READMetro Melbourne Surpasses $1m Mark For The First Time
While it has lagged behind other capital cities in post-pandemic recovery, Melbourne has now cemented its resilience, re...
Read More
East TamworthEast Tamworth - SUBURB PROFILE REPORT
SHARE 
Property investors have seen a -3.23% drop in EAST TAMWORTH based on a decrease in median home prices for the past three months.
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 $450,000
Profits averaged 2.38% 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 $365 based on current median home prices for the suburb.
The gross rental yield in EAST TAMWORTH, 2340 is 4.22%.
An average of 8.75 real estate transactions take place per month in EAST TAMWORTH which translates to 105 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $450,000 | $265,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.23% | -3.64% |
| Median 12 month | 5.88% | 0% |
| Median 3 years | 7.14% | -7.02% |
| Median 5 years | 15.38% | 24.41% |
| 10 years average annual | 3.55% | 4.31% |
| Weekly media advert. rent | $365 | $290 |
| Time on Market | 129.2 days | 91.2 days |
| Gross Rental Yield Percent | 4.22% | 5.69% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
