Property investors have seen a -1.05% 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 $470,000
Profits averaged 4.06% 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 $460 based on current median home prices for the suburb.
The gross rental yield in GULMARRAD, 2463 is 5.09%.
An average of 4.25 real estate transactions take place per month in GULMARRAD which translates to 51 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.43%||N/A|
|Median 3 years||12.17%||N/A|
|Median 5 years||15.62%||N/A|
|10 years average annual||2.32%||N/A|
|Weekly media advert. rent||$460||N/A|
|Time on Market||105.5 days||N/A|
|Gross Rental Yield Percent||5.09%||N/A|