Based on its average 5-year and quarterly capital gains THIRROUL, 2515 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that THIRROUL, 2515 obtained a 8.01% growth over a ten-year period. It ranks 539th on our list of suburbs that property investors should look into.
THIRROUL, 2515 in NSW belongs to the local government area of Wollongong.
THIRROUL, 2515 has a capital gain of 6.29% for the past year, which is lower than average compared to its 68.89% growth within a five-year period.
With the median home price in THIRROUL sitting at $1,140,000, and the average rent at $700, property owners could potentially earn a 3.19% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in THIRROUL are low, as opposed to average gains per annum over the past five years.
Homeowners and real estate investors betting on THIRROUL, 2515 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 25.21%.
A steady increase in median property prices over a five-year period in THIRROUL, 2515 translates to a 32.62% capital gain.
Property investors enjoyed capital gains of 25.21% over the last 12 months in THIRROUL, translating to lower returns compared with its peers in NSW.
THIRROUL, 2515 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 $835,500.
Profits due to an upward trend in home prices in THIRROUL, 2515 averaged 10.87% per annum over a 3-year period.
Home owners selling their properties and realtors in THIRROUL usually have to wait an average of 50.6 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $500 mark, reflecting a 3.11% increase in returns based on the current median price in THIRROUL.
THIRROUL, 2515 places 399th in Australia based on median property value growth during the quarter.