Online shopping surge breathes new life into mundane commercial property
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
Property investors have seen a -0.92% drop in MALUA BAY based on a decrease in median home prices for the past three months.
Homeowners and real estate investors betting on MALUA BAY, 2536 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 19.26%.
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 $644,000
Profits averaged 11.86% 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 $900 based on current median home prices for the suburb.
The gross rental yield in MALUA BAY, 2536 is 7.27%.
An average of 7.08 real estate transactions take place per month in MALUA BAY which translates to 85 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $644,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.92% | N/A |
| Median 12 month | 19.26% | N/A |
| Median 3 years | 35.58% | N/A |
| Median 5 years | 46.36% | N/A |
| 10 years average annual | 4.85% | N/A |
| Weekly media advert. rent | $900 | N/A |
| Time on Market | 94.3 days | N/A |
| Gross Rental Yield Percent | 7.27% | N/A |
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