Rental listings fall to 8-year low
Rental listings in Perth have dropped to an eight-year low as consumers swoop in on empty stock, new research has revealed. ...
Property investors have seen a -0.93% drop in BURRILL LAKE based on a decrease in median home prices for the past three months.
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 $535,000
Profits averaged 5.86% 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 $380 based on current median home prices for the suburb.
The gross rental yield in BURRILL LAKE, 2539 is 3.69%.
An average of 4.17 real estate transactions take place per month in BURRILL LAKE which translates to 50 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $535,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.93% | N/A |
| Median 12 month | 1.9% | N/A |
| Median 3 years | 17.58% | N/A |
| Median 5 years | 67.19% | N/A |
| 10 years average annual | 5.82% | N/A |
| Weekly media advert. rent | $380 | N/A |
| Time on Market | 136.2 days | N/A |
| Gross Rental Yield Percent | 3.69% | N/A |
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