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Property investments in SCOTTS HEAD fare well against the rest of the country last year, registering a median home price increase of 35.77%.
Real estate investors could earn a rental income of $800 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 64.8 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $835,000.
SCOTTS HEAD ranks 125th on the list of best yielding suburbs for rental properties in NSW, posting a 4.98% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||35.77%||N/A|
|Median 3 years||81.52%||N/A|
|Median 5 years||116.88%||N/A|
|10 years average annual||11.25%||N/A|
|Weekly media advert. rent||$800||N/A|
|Time on Market||64.8 days||N/A|
|Gross Rental Yield Percent||4.98%||N/A|