Victoria emerges as Australia’s happiest state – real estate report
The latest national report on seller happiness found the areas exhibiting the highest rate of seller happiness across Australia, ultimately ...
Figures from the previous quarter show that capital gains for real estate buyers in URUNGA are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
On average, rents on listings have reached the $380 mark, reflecting a 3.91% increase in returns based on the current median price in URUNGA.
URUNGA, 2455 ranks 1001st in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 472nd on the list of best yielding suburbs for rental properties in NSW, posting a 3.91% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $505,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.39% | N/A |
| Median 12 month | -9.01% | N/A |
| Median 3 years | 16.76% | N/A |
| Median 5 years | 36.49% | N/A |
| 10 years average annual | 6.46% | N/A |
| Weekly media advert. rent | $380 | N/A |
| Time on Market | 80.7 days | N/A |
| Gross Rental Yield Percent | 3.91% | N/A |
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