Property 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...
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 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|