Victoria emerges as Australia’s happiest state – real estate report
The latest national report on seller happiness found the areas exhibiting the highest rate of seller happiness across Australia, ultimately ...
Property investors have seen a -1.17% drop in CORDEAUX HEIGHTS based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CORDEAUX HEIGHTS, 2526 saw average growth in the long term.
The NSW suburb also 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 $800,500
Profits averaged 1.28% per annum over a 3-year period, due to an upward trend in home prices in CORDEAUX HEIGHTS, 2526.
This means, real estate investors could earn a rental income of $587.5 based on current median home prices for the suburb.
The gross rental yield in CORDEAUX HEIGHTS, 2526 is 3.82%.
An average of 4.67 real estate transactions take place per month in CORDEAUX HEIGHTS which translates to 56 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $800,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.17% | N/A |
| Median 12 month | -7.72% | N/A |
| Median 3 years | 3.83% | N/A |
| Median 5 years | 33.42% | N/A |
| 10 years average annual | 6.53% | N/A |
| Weekly media advert. rent | $587.5 | N/A |
| Time on Market | 74.4 days | N/A |
| Gross Rental Yield Percent | 3.82% | N/A |
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