Property investors have seen a 0.89% gain in OLD BAR based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on OLD BAR, 2430 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 13.32%.
Based on its average 5-year and quarterly capital gains OLD BAR, 2430 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 $451,000
Profits averaged 11.01% per annum over a 3-year period, due to an upward trend in home prices in OLD BAR, 2430.
This means, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
The gross rental yield in OLD BAR, 2430 is 4.38%.
An average of 9.5 real estate transactions take place per month in OLD BAR which translates to 114 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||13.32%||21.63%|
|Median 3 years||33.04%||47.19%|
|Median 5 years||45.48%||46.53%|
|10 years average annual||3.77%||4.08%|
|Weekly media advert. rent||$380||$325|
|Time on Market||92.1 days||104.0 days|
|Gross Rental Yield Percent||4.38%||5.16%|