Property investments in RED HEAD did not fare well against the rest of the country last year, registering a median home price decrease of -12.95%.
Based on its average 5-year and quarterly capital gains RED HEAD, 2430 saw average growth in the long term.
Real estate investors could earn a rental income of $410 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 0.0 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $464,000.
RED HEAD ranks 240th on the list of best yielding suburbs for rental properties in NSW, posting a 4.59% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-12.95%||N/A|
|Median 3 years||19.28%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||-4.95%||N/A|
|Weekly media advert. rent||$410||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||4.59%||N/A|