‘Wealth taxes’ in property prompt lobbying for new minister
A minister for property who cracks down on excessive and cumbersome “wealth” taxes should be considered by the federal government, acco...
Property investors enjoyed capital gains of 2.62% over the last 12 months in GREGORY HILLS, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.8% growth over a ten-year period. It ranks 646th on our list of suburbs that property investors should look into.
GREGORY HILLS, 2557 has a capital gain of 2.62% for the past year, which is lower than average compared to its 39.91% growth within a five-year period.
With the median home price in GREGORY HILLS sitting at $733,750, and the average rent at $540, property owners could potentially earn a 3.83% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in GREGORY HILLS are low, as opposed to average gains per annum over the past five years.
GREGORY HILLS, 2557 in NSW belongs to the local government area of Camden.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $733,750 | $680,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.51% | 2.26% |
| Median 12 month | 2.62% | 5.51% |
| Median 3 years | 20.29% | N/A |
| Median 5 years | 39.91% | 65.85% |
| 10 years average annual | 7.8% | 6.59% |
| Weekly media advert. rent | $540 | $430 |
| Time on Market | 71.8 days | 0.0 days |
| Gross Rental Yield Percent | 3.83% | 3.29% |
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