Registration cancelled for dodgy builder
Property investors have been given a timely reminder to check the credentials of their builders following reports of falsifying claims. ...
Property investors have seen a -1.02% 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 $292,500
Profits averaged 3.46% 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 $300 based on current median home prices for the suburb.
The gross rental yield in GLOUCESTER, 2422 is 5.33%.
An average of 6.75 real estate transactions take place per month in GLOUCESTER which translates to 81 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $292,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.02% | N/A |
| Median 12 month | 2.27% | N/A |
| Median 3 years | 10.38% | N/A |
| Median 5 years | 26.62% | N/A |
| 10 years average annual | 4.88% | N/A |
| Weekly media advert. rent | $300 | N/A |
| Time on Market | 96.8 days | N/A |
| Gross Rental Yield Percent | 5.33% | N/A |
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