NAB Tips 19% Price Growth For Property In 2021
One of Australia’s biggest banks has upped their expectations for Australia’s residential housing market, tipping 19...
Property investors enjoyed capital gains of 5.75% over the last 12 months in JAMBEROO, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in JAMBEROO are high, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $575 based on current median home prices for the suburb.
On average, rents on listings have reached the $575 mark, reflecting a 3.25% increase in returns based on the current median price in JAMBEROO.
JAMBEROO, 2533 ranks 944th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 627th on the list of best yielding suburbs for rental properties in NSW, posting a 3.25% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.75%||N/A|
|Median 3 years||-2.13%||N/A|
|Median 5 years||-3.16%||N/A|
|10 years average annual||6.39%||N/A|
|Weekly media advert. rent||$575||N/A|
|Time on Market||100.2 days||N/A|
|Gross Rental Yield Percent||3.25%||N/A|