Property investors enjoyed capital gains of 10.84% over the last 12 months in NORTH HAVEN, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in NORTH HAVEN are low, as opposed to average gains per annum over the past five years.
The suburb posted a 27.46% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.
On average, rents on listings have reached the $400 mark, reflecting a 4.11% increase in returns based on the current median price in NORTH HAVEN.
NORTH HAVEN, 2443 ranks 672nd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 352nd on the list of best yielding suburbs for rental properties in NSW, posting a 4.11% return.
NORTH HAVEN, 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 $348,000.
Profits due to an downward trend in home prices in NORTH HAVEN, 2443 averaged -2.73% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $340 based on current median home prices for the suburb.
The gross rental yield in NORTH HAVEN, 2443 is 5.08%.
An average of 1 real estate transactions take place per month in NORTH HAVEN which translates to 12 per annum.
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