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Property investors have seen a 1.84% gain in MACLEAN based on an increase 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 $387,500
Profits averaged 2.6% 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 $380 based on current median home prices for the suburb.
The gross rental yield in MACLEAN, 2463 is 5.1%.
An average of 5.83 real estate transactions take place per month in MACLEAN which translates to 70 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $387,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.84% | N/A |
| Median 12 month | -3.13% | N/A |
| Median 3 years | 7.79% | N/A |
| Median 5 years | 33.62% | N/A |
| 10 years average annual | 2.92% | N/A |
| Weekly media advert. rent | $380 | N/A |
| Time on Market | 126.1 days | N/A |
| Gross Rental Yield Percent | 5.1% | N/A |
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