Property investors have seen a -2.12% drop in NEW BRIGHTON based on a decrease in median home prices for the past three months.
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 $832,000
Profits averaged 5.19% 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 $500 based on current median home prices for the suburb.
The gross rental yield in NEW BRIGHTON, 2483 is 3.13%.
An average of 0.83 real estate transactions take place per month in NEW BRIGHTON which translates to 10 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-4.91%||N/A|
|Median 3 years||15.56%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||9.95%||N/A|
|Weekly media advert. rent||$500||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||3.13%||N/A|