Property investors enjoyed capital gains of 26.21% over the last 12 months in EAST CORRIMAL, translating to lower returns compared with its peers in NSW.
The suburb posted a 40.74% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $540 based on current median home prices for the suburb.
On average, rents on listings have reached the $540 mark, reflecting a 2.93% increase in returns based on the current median price in EAST CORRIMAL.
EAST CORRIMAL, 2518 ranks 97th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 829th on the list of best yielding suburbs for rental properties in NSW, posting a 2.93% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||26.21%||13.39%|
|Median 3 years||40.74%||44.23%|
|Median 5 years||70.89%||87.55%|
|10 years average annual||8.15%||8.18%|
|Weekly media advert. rent||$540||$360|
|Time on Market||51.9 days||28.9 days|
|Gross Rental Yield Percent||2.93%||3.8%|