Perth market conditions at 5-year high for buyers
A new index has found conditions in the Western Australian capital city are the best they’ve ever been for the last five years. ...
Property investors enjoyed capital gains of 11.36% over the last 12 months in RUSSELL VALE, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 8.7% growth over a ten-year period. It ranks 237th on our list of suburbs that property investors should look into.
RUSSELL VALE, 2517 has a capital gain of 11.36% for the past year, which is lower than average compared to its 89.43% growth within a five-year period.
With the median home price in RUSSELL VALE sitting at $833,500, and the average rent at $580, property owners could potentially earn a 3.62% increase in gross rental yield.
RUSSELL VALE, 2517 in NSW belongs to the local government area of Wollongong.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $833,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 11.36% | N/A |
| Median 3 years | 30.75% | N/A |
| Median 5 years | 89.43% | N/A |
| 10 years average annual | 8.7% | N/A |
| Weekly media advert. rent | $580 | N/A |
| Time on Market | 35.4 days | N/A |
| Gross Rental Yield Percent | 3.62% | N/A |
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