Tenants get more power in NSW after new legislation passes
Amendments to current rental legislation aimed to give tenants more power have passed the NSW Parliament without any changes. What does thi...
A steady increase in median property prices over a five-year period in the suburb translates to a 24.64% capital gain.
It 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 $650,000
The augmented property values in the suburb are trailing behind the territorial average of 4.62% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $410.
Home owners selling their properties and realtors in WOODBINE usually have to wait an average of 36.5 days days before their assets are lifted off the market.
The NSW suburb ranks 693rd on the list of best yielding suburbs for rental properties in NSW, posting a 3.28% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $650,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 3.97% | N/A |
| Median 3 years | 24.64% | N/A |
| Median 5 years | 84.14% | N/A |
| 10 years average annual | 9.06% | N/A |
| Weekly media advert. rent | $410 | N/A |
| Time on Market | 36.5 days | N/A |
| Gross Rental Yield Percent | 3.28% | N/A |
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