Property investors have seen a 4.02% gain in BURRILL LAKE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on BURRILL LAKE, 2539 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 13.13%.
Based on its average 5-year and quarterly capital gains BURRILL LAKE, 2539 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 $905,000
Profits averaged 2% per annum over a 3-year period, due to an upward trend in home prices in BURRILL LAKE, 2539.
This means, real estate investors could earn a rental income of $550 based on current median home prices for the suburb.
The gross rental yield in BURRILL LAKE, 2539 is 3.16%.
An average of 3.58 real estate transactions take place per month in BURRILL LAKE which translates to 43 per annum.
Property investments in BURRILL LAKE fare well against the rest of the country last year, registering a median home price increase of 0%.
Figures from the previous quarter show that capital gains for real estate buyers in BURRILL LAKE are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains BURRILL LAKE, 2539 saw average growth in the long term.
This means, real estate investors could earn a rental income of N/A 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 BURRILL LAKE, 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 $715,000
Investors saw the median home price rise to $715,000.
BURRILL LAKE ranks 619th on the list of best yielding suburbs for rental properties in NSW, posting a N/A return.