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8 MIN READProperty Market Update: Melbourne, September 2021
Melbourne’s property market kept the ball rolling in September as the city’s dwelling values rose once more during t...
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FernhillFernhill - SUBURB PROFILE REPORT
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Property investors enjoyed capital gains of 23.41% over the last 12 months in FERNHILL, 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 23.41% growth over a ten-year period. It ranks 2994th on our list of suburbs that property investors should look into.
With the median home price in FERNHILL sitting at $851,500, and the average rent at $557.5, property owners could potentially earn a 3.4% increase in gross rental yield.
FERNHILL, 2519 in NSW belongs to the local government area of Wollongong (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $851,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 23.41% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 23.41% | N/A |
| Weekly media advert. rent | $557.5 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 3.4% | N/A |
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