Property Market Update: Melbourne, December 2021
Melbourne capped off a bumpy 2021 with double-digit annual growth, triumphing over gloomy start-of-the-year forecasts. H...
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 9.21% growth over a ten-year period. It ranks 233rd on our list of suburbs that property investors should look into.
With the median home price in RUSSELL VALE sitting at $1,200,000, and the average rent at $580, property owners could potentially earn a 2.51% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in RUSSELL VALE are low, as opposed to average gains per annum over the past five years.
RUSSELL VALE, 2517 in NSW belongs to the local government area of Wollongong (C).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||N/A|
|Median 3 years||41.84%||N/A|
|Median 5 years||57.89%||N/A|
|10 years average annual||9.21%||N/A|
|Weekly media advert. rent||$580||N/A|
|Time on Market||0.0 days||0.0 days|
|Gross Rental Yield Percent||2.51%||N/A|