Property investments in BRUNSWICK HEADS fare well against the rest of the country last year, registering a median home price increase of -8.64%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains BRUNSWICK HEADS, 2483 saw average growth in the long term.
Real estate investors could earn a rental income of $1150 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 90.6 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $1,850,000.
BRUNSWICK HEADS ranks 564th on the list of best yielding suburbs for rental properties in NSW, posting a 3.23% return.
BRUNSWICK HEADS, 2483 ranks 248th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 23.15% for property investors last year.
Based on its average 5-year and quarterly capital gains BRUNSWICK HEADS, 2483 saw average growth in the long term.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Profits due to an upward trend in home prices in BRUNSWICK HEADS, 2483 averaged 0% per annum over a 3-year period.
Average weekly rents on listings have reached the $650 mark, reflecting a 2.54% increase in returns based on the current median price in BRUNSWICK HEADS.
An average of 1.67 real estate transactions take place per month in BRUNSWICK HEADS which translates to 20 per annum.
20 properties were sold in BRUNSWICK HEADS during the past year, making it the 393rd most active market in NSW based on total real estate transactions.
BRUNSWICK HEADS, 2483 places 124th in Australia based on median property value growth during the quarter.