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1 MIN READThis Central Coast Suburb Will Remain ‘white Hot’ For The Rest Of The Year
The poster child of the COVID-19 city exodus, Gosford on the Central Coast, is now seeing an uptick in listings, but acc...
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GulmarradGulmarrad - SUBURB PROFILE REPORT
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Property investors have seen a 0% 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 $530,000
Profits averaged 4.26% 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 $540 based on current median home prices for the suburb.
The gross rental yield in GULMARRAD, 2463 is 5.3%.
An average of 4.17 real estate transactions take place per month in GULMARRAD which translates to 50 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $530,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 1.92% | N/A |
| Median 3 years | 12.77% | N/A |
| Median 5 years | 24.12% | N/A |
| 10 years average annual | 2.41% | N/A |
| Weekly media advert. rent | $540 | N/A |
| Time on Market | 70.2 days | N/A |
| Gross Rental Yield Percent | 5.3% | N/A |
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