ACT Reports Progress Of ‘Better Suburbs’
The ACT government has delivered an update on its “Better Suburbs” plan, detailing the headway that has been made to...
Property investors have seen a 3.5% gain in NEW BRIGHTON based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on NEW BRIGHTON, 2483 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 41.67%.
Based on its average 5-year and quarterly capital gains NEW BRIGHTON, 2483 saw average growth in the long term.
The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,700,000
Profits averaged 13.02% per annum over a 3-year period, due to an upward trend in home prices in NEW BRIGHTON, 2483.
This means, real estate investors could earn a rental income of $1025 based on current median home prices for the suburb.
The gross rental yield in NEW BRIGHTON, 2483 is 3.14%.
An average of 1.25 real estate transactions take place per month in NEW BRIGHTON which translates to 15 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||41.67%||N/A|
|Median 3 years||39.06%||N/A|
|Median 5 years||94.29%||N/A|
|10 years average annual||18.94%||N/A|
|Weekly media advert. rent||$1025||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||3.14%||N/A|