How to maximise the value of your property this spring selling season
With spring selling season right around the corner and some slow months in property, housing prices and stock levels are on the rise. To mak...
Property investors have seen a -2% 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 5.23% 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 $480 based on current median home prices for the suburb.
The gross rental yield in GULMARRAD, 2463 is 5.09%.
An average of 4.58 real estate transactions take place per month in GULMARRAD which translates to 55 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $490,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2% | N/A |
| Median 12 month | 2.08% | N/A |
| Median 3 years | 15.7% | N/A |
| Median 5 years | 21.74% | N/A |
| 10 years average annual | 1.96% | N/A |
| Weekly media advert. rent | $480 | N/A |
| Time on Market | 116.4 days | N/A |
| Gross Rental Yield Percent | 5.09% | N/A |
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