Property investors have seen a -1.64% 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 $359,000
Profits averaged 7.23% per annum over a 3-year period, due to an upward trend in home prices in MACLEAN, 2463.
This means, real estate investors could earn a rental income of $360 based on current median home prices for the suburb.
The gross rental yield in MACLEAN, 2463 is 5.21%.
An average of 6.92 real estate transactions take place per month in MACLEAN which translates to 83 per annum.
This means, real estate investors could earn a rental income of $322.5 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 169.3 days.
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 $260,000
Investors saw the median home price rise to $260,000.
MACLEAN ranks 14th on the list of best yielding suburbs for rental properties in NSW, posting a 6.45% return.
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