Victoria emerges as Australia’s happiest state – real estate report
The latest national report on seller happiness found the areas exhibiting the highest rate of seller happiness across Australia, ultimately ...
Figures from the previous quarter show that capital gains for real estate buyers in MANGERTON are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $605 based on current median home prices for the suburb.
On average, rents on listings have reached the $605 mark, reflecting a 3.81% increase in returns based on the current median price in MANGERTON.
MANGERTON, 2500 ranks 504th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 524th on the list of best yielding suburbs for rental properties in NSW, posting a 3.81% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $826,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.97% | N/A |
| Median 12 month | -1.96% | N/A |
| Median 3 years | 7.76% | N/A |
| Median 5 years | 51.7% | N/A |
| 10 years average annual | 5.86% | N/A |
| Weekly media advert. rent | $605 | N/A |
| Time on Market | 93.7 days | N/A |
| Gross Rental Yield Percent | 3.81% | N/A |
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