Negative gearing changes off the table as Morrison holds government
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Property investors enjoyed capital gains of 38% over the last 12 months in ULMARRA, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 5.4% growth over a ten-year period. It ranks 1551st on our list of suburbs that property investors should look into.
With the median home price in ULMARRA sitting at $345,000, and the average rent at $480, property owners could potentially earn a 7.23% increase in gross rental yield.
A 38% increase in median property prices in ULMARRA, 2462 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 9th.
ULMARRA, 2462 in NSW belongs to the local government area of Clarence Valley (A).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $345,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 14.05% | N/A |
| Median 12 month | 38% | N/A |
| Median 3 years | 25.11% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 5.4% | N/A |
| Weekly media advert. rent | $480 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 7.23% | N/A |
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