Property investors have seen a -0.76% drop in MACLEAN based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MACLEAN, 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 $655,000
Profits averaged -3% per annum over a 3-year period, due to an downward trend in home prices in MACLEAN, 2463.
This means, real estate investors could earn a rental income of $580 based on current median home prices for the suburb.
The gross rental yield in MACLEAN, 2463 is 4.6%.
An average of 6.25 real estate transactions take place per month in MACLEAN which translates to 75 per annum.
Property investments in MACLEAN fare well against the rest of the country last year, registering a median home price increase of 0%.
Figures from the previous quarter show that capital gains for real estate buyers in MACLEAN are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains MACLEAN, 2463 saw average growth in the long term.
This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In MACLEAN, homes and units usually stay on listing for an average of N/A.
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 $455,000
Investors saw the median home price rise to $455,000.
MACLEAN ranks 88th on the list of best yielding suburbs for rental properties in NSW, posting a 5.14% return.