Summer Off To A Sizzling Start For Auctions
Last week’s all-time auction activity record may stick around, but it’s still set to be a massive weekend for auctio...
Property investors have seen a 2.54% gain in EAST TAMWORTH based on an increase 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 $465,000
Profits averaged 1.26% 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 $380 based on current median home prices for the suburb.
The gross rental yield in EAST TAMWORTH, 2340 is 4.25%.
An average of 12.42 real estate transactions take place per month in EAST TAMWORTH which translates to 149 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.74%||-3.77%|
|Median 3 years||3.79%||27.5%|
|Median 5 years||17.72%||19.16%|
|10 years average annual||4.04%||5.56%|
|Weekly media advert. rent||$380||$290|
|Time on Market||99.1 days||89.7 days|
|Gross Rental Yield Percent||4.25%||5.91%|