5 key changes sought to drive WA property market
Politicians are being urged to make real estate a key focus of elections, in a bid to create a fairer and more prosperous market. ...
Property investors have seen a 2.5% 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 $1,230,000
Profits averaged 9.82% per annum over a 3-year period, due to an upward trend in home prices in NEW BRIGHTON, 2483.
The gross rental yield in NEW BRIGHTON, 2483 is 0%.
An average of 0.92 real estate transactions take place per month in NEW BRIGHTON which translates to 11 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,230,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.5% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 29.47% | N/A |
| Median 5 years | 50.92% | N/A |
| 10 years average annual | 14.85% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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