Property investors enjoyed capital gains of 2.06% over the last 12 months in EAST CORRIMAL, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in EAST CORRIMAL are low, as opposed to average gains per annum over the past five years.
The suburb posted a 7.33% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $850 based on current median home prices for the suburb.
On average, rents on listings have reached the $850 mark, reflecting a 2.55% increase in returns based on the current median price in EAST CORRIMAL.
EAST CORRIMAL, 2518 ranks 967th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 895th on the list of best yielding suburbs for rental properties in NSW, posting a 2.55% return.
Property investors have seen a 6.6% gain in EAST CORRIMAL based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on EAST CORRIMAL, 2518 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 11.64%.
Based on its average 5-year and quarterly capital gains EAST CORRIMAL, 2518 saw average growth in the long term.
EAST CORRIMAL, 2518 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 $767,500.
Profits due to an upward trend in home prices in EAST CORRIMAL, 2518 averaged 3.21% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $560 based on current median home prices for the suburb.
The gross rental yield in EAST CORRIMAL, 2518 is 3.79%.
An average of 2.83 real estate transactions take place per month in EAST CORRIMAL which translates to 34 per annum.