Homeowners and real estate investors betting on WARDELL, 2477 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 27.37%.
Property investors in WARDELL enjoyed capital gains of 27.37% over the last 12 months translating to lower returns compared with its peers in the territory.
The 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 $470,000.
Profits due to an upward trend in home prices there averaged 19.59% per annum over a 3-year period.
Home owners selling their properties and realtors in WARDELL usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $420 mark, reflecting a 4.65% increase in returns based on the current median price in WARDELL.
WARDELL, 2477 places 30th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $470,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 17.5% | N/A |
| Median 12 month | 27.37% | N/A |
| Median 3 years | 58.78% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 12.94% | N/A |
| Weekly media advert. rent | $420 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 4.65% | N/A |
Just a thought - would a 'pet premium'...
The property markets in Melbourne,...
There is a threshold for the land value...