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Property investors enjoyed capital gains of 6.78% over the last 12 months in LAKE TABOURIE, translating to lower returns compared with its peers in NSW.
The suburb posted a 10.76% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.
On average, rents on listings have reached the $430 mark, reflecting a 4.3% increase in returns based on the current median price in LAKE TABOURIE.
LAKE TABOURIE, 2539 ranks 883rd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 248th on the list of best yielding suburbs for rental properties in NSW, posting a 4.3% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.78%||N/A|
|Median 3 years||10.76%||N/A|
|Median 5 years||56.16%||N/A|
|10 years average annual||6.57%||N/A|
|Weekly media advert. rent||$430||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||4.3%||N/A|