Canberra Now Boasts A 7-figure Median House Price
With double-digit growth and the steepest price acceleration in almost three decades, Canberra continues to dominate the...
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 $1,646,250
Profits averaged 8.64% 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 $950 based on current median home prices for the suburb.
The gross rental yield in NEW BRIGHTON, 2483 is 3%.
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 12 month||N/A||N/A|
|Median 3 years||25.91%||N/A|
|Median 5 years||94.82%||N/A|
|10 years average annual||15.02%||N/A|
|Weekly media advert. rent||$950||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||3%||N/A|