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Of around 25 million Australians, 2.2 million own one investment property, 460,000 own two, and around 19,000 own more than six. From this...
Figures from the previous quarter show that capital gains for real estate buyers in OLD EROWAL BAY are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $365 based on current median home prices for the suburb.
On average, rents on listings have reached the $365 mark, reflecting a 4.75% increase in returns based on the current median price in OLD EROWAL BAY.
OLD EROWAL BAY, 2540 ranks 1036th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 171st on the list of best yielding suburbs for rental properties in NSW, posting a 4.75% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $400,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.58% | N/A |
| Median 12 month | -4.76% | N/A |
| Median 3 years | 3.9% | N/A |
| Median 5 years | 45.99% | N/A |
| 10 years average annual | 5.35% | N/A |
| Weekly media advert. rent | $365 | N/A |
| Time on Market | 109.6 days | N/A |
| Gross Rental Yield Percent | 4.75% | N/A |
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