Registration cancelled for dodgy builder
Property investors have been given a timely reminder to check the credentials of their builders following reports of falsifying claims. ...
Property investors have seen a -3.64% drop in SOUTH NOWRA based on a decrease 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 $530,000
Profits averaged 6.82% 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 4.66%.
An average of 5.33 real estate transactions take place per month in SOUTH NOWRA which translates to 64 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $530,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -3.64% | N/A |
| Median 12 month | -7.02% | N/A |
| Median 3 years | 20.45% | N/A |
| Median 5 years | 47.22% | N/A |
| 10 years average annual | 5.85% | N/A |
| Weekly media advert. rent | $475 | N/A |
| Time on Market | 144.9 days | N/A |
| Gross Rental Yield Percent | 4.66% | N/A |
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