Property investment areas to watch and avoid in 2019
Based on her knowledge and experience as a property valuer, investment adviser, market commentator and author, one expert shares some of the...
Property investors have seen a 8.2% gain in NORTH NAROOMA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains NORTH NAROOMA, 2546 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 $495,000
Profits averaged 12.5% per annum over a 3-year period, due to an upward trend in home prices in NORTH NAROOMA, 2546.
The gross rental yield in NORTH NAROOMA, 2546 is 0%.
An average of 1.75 real estate transactions take place per month in NORTH NAROOMA which translates to 21 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $495,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 8.2% | N/A |
| Median 12 month | 9.39% | N/A |
| Median 3 years | 37.5% | N/A |
| Median 5 years | 23.6% | N/A |
| 10 years average annual | 3.5% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 93.7 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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