Unit rentals break 15-year record
Unit rental yields have had their biggest drop in more than 15 years, with COVID-19 seeing landlords reduce rates, according to latest resea...
Property investors have seen a -24.61% drop in BOGGABRI based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BOGGABRI, 2382 saw average decrease 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 $180,000
Profits averaged -5.81% per annum over a 3-year period, due to an downward trend in home prices in BOGGABRI, 2382.
This means, real estate investors could earn a rental income of $330 based on current median home prices for the suburb.
The gross rental yield in BOGGABRI, 2382 is 9.53%.
An average of 1.58 real estate transactions take place per month in BOGGABRI which translates to 19 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $180,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -24.61% | N/A |
| Median 12 month | -12.2% | N/A |
| Median 3 years | -17.43% | N/A |
| Median 5 years | -16.28% | N/A |
| 10 years average annual | 4.94% | N/A |
| Weekly media advert. rent | $330 | N/A |
| Time on Market | 148.2 days | N/A |
| Gross Rental Yield Percent | 9.53% | N/A |
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