Advantages of a buyer’s agent in a challenging market
As the property market continues to show strong growth due to undersupply, low credit and a strong case of FOMO, it is becoming tougher for ...
Property investors have seen a -1.51% drop in GULMARRAD based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GULMARRAD, 2463 saw average growth in the long term.
The NSW suburb also 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 $490,000
Profits averaged 4.21% per annum over a 3-year period, due to an upward trend in home prices in GULMARRAD, 2463.
This means, real estate investors could earn a rental income of $467.5 based on current median home prices for the suburb.
The gross rental yield in GULMARRAD, 2463 is 4.96%.
An average of 2.75 real estate transactions take place per month in GULMARRAD which translates to 33 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $490,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.51% | N/A |
| Median 12 month | -2% | N/A |
| Median 3 years | 12.64% | N/A |
| Median 5 years | 20.99% | N/A |
| 10 years average annual | 1.76% | N/A |
| Weekly media advert. rent | $467.5 | N/A |
| Time on Market | 82.4 days | N/A |
| Gross Rental Yield Percent | 4.96% | N/A |
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