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Property investors have seen a 11.43% 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 $390,000
Profits averaged 11.11% 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 $400 based on current median home prices for the suburb.
The gross rental yield in MACLEAN, 2463 is 5.33%.
An average of 6.25 real estate transactions take place per month in MACLEAN which translates to 75 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $390,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 11.43% | N/A |
| Median 12 month | 9.09% | N/A |
| Median 3 years | 33.33% | N/A |
| Median 5 years | 39.29% | N/A |
| 10 years average annual | 3.91% | N/A |
| Weekly media advert. rent | $400 | N/A |
| Time on Market | 86.2 days | N/A |
| Gross Rental Yield Percent | 5.33% | N/A |
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