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Property investors have seen a 5.4% gain in NEW BRIGHTON based on an increase 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 $1,855,000
Profits averaged 11.23% 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 2.87%.
An average of 2 real estate transactions take place per month in NEW BRIGHTON which translates to 24 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||N/A|
|Median 3 years||33.69%||N/A|
|Median 5 years||110.2%||N/A|
|10 years average annual||23.53%||N/A|
|Weekly media advert. rent||$1025||N/A|
|Time on Market||52.8 days||N/A|
|Gross Rental Yield Percent||2.87%||N/A|