Property investors have seen a 1.09% gain in GREEN POINT based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GREEN POINT, 2428 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 $393,750
Profits averaged 5.27% per annum over a 3-year period, due to an upward trend in home prices in GREEN POINT, 2428.
This means, real estate investors could earn a rental income of $375 based on current median home prices for the suburb.
The gross rental yield in GREEN POINT, 2428 is 4.95%.
An average of 1.42 real estate transactions take place per month in GREEN POINT which translates to 17 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.77%||N/A|
|Median 3 years||15.81%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||6.27%||N/A|
|Weekly media advert. rent||$375||N/A|
|Time on Market||78.6 days||N/A|
|Gross Rental Yield Percent||4.95%||N/A|