Based on its average 5-year and quarterly capital gains LAURIETON, 2443 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 LAURIETON, 2443 obtained a 2.45% growth over a ten-year period. It ranks 2808th on our list of suburbs that property investors should look into.
LAURIETON, 2443 in NSW belongs to the local government area of Port Macquarie-Hastings.
LAURIETON, 2443 has a capital gain of -9.19% for the past year, which is lower than average compared to its 28.79% growth within a five-year period.
With the median home price in LAURIETON sitting at $425,000, and the average rent at $360, property owners could potentially earn a 4.4% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in LAURIETON are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in LAURIETON, 2443 translates to a 12.37% capital gain.
Property investors enjoyed capital gains of 0.27% over the last 12 months in LAURIETON, translating to lower returns compared with its peers in NSW.
LAURIETON, 2443 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 $368,000.
Profits due to an upward trend in home prices in LAURIETON, 2443 averaged 4.12% per annum over a 3-year period.
Home owners selling their properties and realtors in LAURIETON usually have to wait an average of 58.6 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $330 mark, reflecting a 4.66% increase in returns based on the current median price in LAURIETON.
LAURIETON, 2443 places 477th in Australia based on median property value growth during the quarter.