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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...
Property investors have seen a 2.97% gain in SOUTH NOWRA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SOUTH NOWRA, 2541 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 $555,000
Profits averaged 3.85% per annum over a 3-year period, due to an upward trend in home prices in SOUTH NOWRA, 2541.
This means, real estate investors could earn a rental income of $475 based on current median home prices for the suburb.
The gross rental yield in SOUTH NOWRA, 2541 is 4.45%.
An average of 6.5 real estate transactions take place per month in SOUTH NOWRA which translates to 78 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $555,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.97% | N/A |
| Median 12 month | 0.91% | N/A |
| Median 3 years | 11.56% | N/A |
| Median 5 years | 42.49% | N/A |
| 10 years average annual | 5.87% | N/A |
| Weekly media advert. rent | $475 | N/A |
| Time on Market | 148.1 days | N/A |
| Gross Rental Yield Percent | 4.45% | N/A |
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