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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 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%|