Property investors have seen a -3.68% 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 $850,000
This means, real estate investors could earn a rental income of $850 based on current median home prices for the suburb.
The gross rental yield in NEW BRIGHTON, 2483 is 5.2%.
An average of 1 real estate transactions take place per month in NEW BRIGHTON which translates to 12 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $850,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -3.68% | N/A |
| Median 12 month | -2.86% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 12.88% | N/A |
| Weekly media advert. rent | $850 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 5.2% | N/A |
If Apra think they are going to lower...
Hopefully this will increase the value...
Great post! I must appreciate that you...