Property investors have seen a 2.04% gain in GLOUCESTER based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GLOUCESTER, 2422 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 $275,000
Profits averaged 6.14% per annum over a 3-year period, due to an upward trend in home prices in GLOUCESTER, 2422.
This means, real estate investors could earn a rental income of $290 based on current median home prices for the suburb.
The gross rental yield in GLOUCESTER, 2422 is 5.48%.
An average of 7.75 real estate transactions take place per month in GLOUCESTER which translates to 93 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $275,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.04% | N/A |
| Median 12 month | 5.77% | N/A |
| Median 3 years | 18.41% | N/A |
| Median 5 years | 10% | N/A |
| 10 years average annual | 2.72% | N/A |
| Weekly media advert. rent | $290 | N/A |
| Time on Market | 132.8 days | N/A |
| Gross Rental Yield Percent | 5.48% | N/A |
Having said that we are still fighting...
Is there not a slightly vested interest...
Nollamara is cheap now, but the area is...