House prices see largest price drop for last 7 years
A property institute has claimed house prices have seen their largest drop since December 2011, giving buyers the opportunity to add to thei...
Property investors have seen a 0.41% gain in GENEVA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GENEVA, 2474 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 $307,500
This means, real estate investors could earn a rental income of $312.5 based on current median home prices for the suburb.
The gross rental yield in GENEVA, 2474 is 5.28%.
An average of 1.25 real estate transactions take place per month in GENEVA which translates to 15 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $307,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.41% | N/A |
| Median 12 month | -6.82% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 3.66% | N/A |
| Weekly media advert. rent | $312.5 | N/A |
| Time on Market | 121.0 days | N/A |
| Gross Rental Yield Percent | 5.28% | N/A |
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