Property investors have seen a -3.89% drop in GLOUCESTER based on a decrease 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 $271,500
Profits averaged 3.99% 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 $295 based on current median home prices for the suburb.
The gross rental yield in GLOUCESTER, 2422 is 5.65%.
An average of 7.67 real estate transactions take place per month in GLOUCESTER which translates to 92 per annum.
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