Slightly ‘disappointing’ auction results, but Sydney house prices swell
The latest auction figures are showing a booming market, with buyers looking to make the most of the ultra-cheap money, but while their inte...
Figures from the previous quarter show that capital gains for real estate buyers in WERRIS CREEK are high, 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 $247.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $247.5 mark, reflecting a 7.27% increase in returns based on the current median price in WERRIS CREEK.
WERRIS CREEK, 2341 ranks 1186th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 25th on the list of best yielding suburbs for rental properties in NSW, posting a 7.27% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $177,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 10.63% | N/A |
| Median 12 month | -3.28% | N/A |
| Median 3 years | -1.67% | N/A |
| Median 5 years | 25.53% | N/A |
| 10 years average annual | 4.34% | N/A |
| Weekly media advert. rent | $247.5 | N/A |
| Time on Market | 144.1 days | N/A |
| Gross Rental Yield Percent | 7.27% | N/A |
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