Surging House Prices Leading To Longer Saving Times For FHBs
Strong buyer interest, spurred on by record-low interest rates as well as below average wage growth, means it is now pre...
Property investors enjoyed capital gains of 18.29% 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 9.02% growth over a ten-year period. It ranks 93rd on our list of suburbs that property investors should look into.
RUSSELL VALE, 2517 has a capital gain of 18.29% for the past year, which is higher than average compared to its 54.42% growth within a five-year period.
With the median home price in RUSSELL VALE sitting at $1,035,000, and the average rent at $562.5, property owners could potentially earn a 2.83% increase in gross rental yield.
RUSSELL VALE, 2517 in NSW belongs to the local government area of Wollongong (C).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||18.29%||N/A|
|Median 3 years||25.45%||N/A|
|Median 5 years||54.42%||N/A|
|10 years average annual||9.02%||N/A|
|Weekly media advert. rent||$562.5||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||2.83%||N/A|