Property investors have seen a -0.86% drop in SHOALHAVEN HEADS based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SHOALHAVEN HEADS, 2535 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 $1,150,000
Profits averaged 5.67% per annum over a 3-year period, due to an upward trend in home prices in SHOALHAVEN HEADS, 2535.
This means, real estate investors could earn a rental income of $692.5 based on current median home prices for the suburb.
The gross rental yield in SHOALHAVEN HEADS, 2535 is 3.13%.
An average of 5.75 real estate transactions take place per month in SHOALHAVEN HEADS which translates to 69 per annum.
Property investments in SHOALHAVEN HEADS fare well against the rest of the country last year, registering a median home price increase of 9.49%.
Figures from the previous quarter show that capital gains for real estate buyers in SHOALHAVEN HEADS are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains SHOALHAVEN HEADS, 2535 saw average growth in the long term.
This means, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In SHOALHAVEN HEADS, homes and units usually stay on listing for an average of N/A.
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 $750,000
Investors saw the median home price rise to $750,000.
SHOALHAVEN HEADS ranks 297th on the list of best yielding suburbs for rental properties in NSW, posting a 4.16% return.