Property investment areas to watch and avoid in 2019
Based on her knowledge and experience as a property valuer, investment adviser, market commentator and author, one expert shares some of the...
Figures from the previous quarter show that capital gains for real estate buyers in WERRIS CREEK are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $210 based on current median home prices for the suburb.
On average, rents on listings have reached the $210 mark, reflecting a 6.62% increase in returns based on the current median price in WERRIS CREEK.
WERRIS CREEK, 2341 ranks 1317th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 32nd on the list of best yielding suburbs for rental properties in NSW, posting a 6.62% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $165,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -8.33% | N/A |
| Median 12 month | -12.23% | N/A |
| Median 3 years | 17.23% | N/A |
| Median 5 years | 24.53% | N/A |
| 10 years average annual | 4.58% | N/A |
| Weekly media advert. rent | $210 | N/A |
| Time on Market | 111.5 days | N/A |
| Gross Rental Yield Percent | 6.62% | N/A |
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