Property investors have seen a 4.43% gain in MALUA BAY based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MALUA BAY, 2536 saw average growth in the long term.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $530,000
Profits averaged 6.82% per annum over a 3-year period, due to an upward trend in home prices in MALUA BAY, 2536.
This means, real estate investors could earn a rental income of $1000 based on current median home prices for the suburb.
The gross rental yield in MALUA BAY, 2536 is 9.81%.
An average of 5.75 real estate transactions take place per month in MALUA BAY which translates to 69 per annum.
It is expected for properties to spend some time on the market prior to a successful sale. In MALUA BAY, homes and units usually stay on listing for an average of 0.0 days.
the NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $431,500
Investors saw the median home price rise to $431,500.
MALUA BAY ranks 1st on the list of best yielding suburbs for rental properties in NSW, posting a 12.05% return.
great article Cate Bakos!
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