Housing Market Intervention To Wipe Out Growth By 2023
A big four bank has conceded that its earlier property growth forecasts were overly cautious, while predicting that a t...
Based on its average 5-year and quarterly capital gains SMITHTOWN, 2440 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that SMITHTOWN, 2440 obtained a 7.13% growth over a ten-year period. It ranks 627th on our list of suburbs that property investors should look into.
SMITHTOWN, 2440 in NSW belongs to the local government area of Kempsey (A).
With the median home price in SMITHTOWN sitting at $340,000, and the average rent at $320, property owners could potentially earn a 4.89% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SMITHTOWN are low, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||N/A|
|Median 3 years||41.08%||N/A|
|Median 5 years||54.55%||N/A|
|10 years average annual||7.13%||N/A|
|Weekly media advert. rent||$320||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||4.89%||N/A|