Canberra Now Boasts A 7-figure Median House Price
With double-digit growth and the steepest price acceleration in almost three decades, Canberra continues to dominate the...
Property investors have seen a 0.71% 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 $642,000
Profits averaged 7.08% 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 $800 based on current median home prices for the suburb.
The gross rental yield in MALUA BAY, 2536 is 6.48%.
An average of 9.17 real estate transactions take place per month in MALUA BAY which translates to 110 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.97%||N/A|
|Median 3 years||21.25%||43.53%|
|Median 5 years||45.91%||N/A|
|10 years average annual||4.86%||N/A|
|Weekly media advert. rent||$800||$600|
|Time on Market||86.1 days||0.0 days|
|Gross Rental Yield Percent||6.48%||5.11%|