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Property investors have seen a 6.19% gain in GULMARRAD based on an increase 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 $515,000
Profits averaged 3.78% 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 4.72%.
An average of 3.17 real estate transactions take place per month in GULMARRAD which translates to 38 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $515,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 6.19% | N/A |
| Median 12 month | 5.1% | N/A |
| Median 3 years | 11.35% | N/A |
| Median 5 years | 22.62% | N/A |
| 10 years average annual | 2.27% | N/A |
| Weekly media advert. rent | $467.5 | N/A |
| Time on Market | 96.8 days | N/A |
| Gross Rental Yield Percent | 4.72% | N/A |
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