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Property investors have seen a 2.98% 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 $596,250
Profits averaged 2.41% 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 $462.5 based on current median home prices for the suburb.
The gross rental yield in SOUTH NOWRA, 2541 is 4.03%.
An average of 7.83 real estate transactions take place per month in SOUTH NOWRA which translates to 94 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $596,250 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.98% | N/A |
| Median 12 month | 9.4% | N/A |
| Median 3 years | 7.24% | N/A |
| Median 5 years | 45.55% | N/A |
| 10 years average annual | 6.61% | N/A |
| Weekly media advert. rent | $462.5 | N/A |
| Time on Market | 117.2 days | N/A |
| Gross Rental Yield Percent | 4.03% | N/A |
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