Competition from FHBs not expected until late 2019
First-home buyers are expected to return to the market by the end of 2019, meaning property investors could have less-than-expected competit...
Property investors enjoyed capital gains of 15.56% over the last 12 months in WALCHA, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 5.13% growth over a ten-year period. It ranks 1539th on our list of suburbs that property investors should look into.
WALCHA, 2354 has a capital gain of 15.56% for the past year, which is higher than average compared to its 28.4% growth within a five-year period.
Figures from the previous quarter show that capital gains for real estate buyers in WALCHA are low, as opposed to average gains per annum over the past five years.
WALCHA, 2354 in NSW belongs to the local government area of Walcha.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $260,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.96% | N/A |
| Median 12 month | 15.56% | N/A |
| Median 3 years | 22.35% | N/A |
| Median 5 years | 28.4% | N/A |
| 10 years average annual | 5.13% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 148.8 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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