A steady increase in median property prices over a five-year period in the suburb translates to a 40.5% capital gain.
Property investors in MACQUARIE FIELDS enjoyed capital gains of 10% over the last 12 months translating to lower returns compared with its peers in the territory.
The 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 $660,000.
Profits due to an upward trend in home prices there averaged 13.5% per annum over a 3-year period.
Home owners selling their properties and realtors in MACQUARIE FIELDS usually have to wait an average of 45.6 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $410 mark, reflecting a 3.23% increase in returns based on the current median price in MACQUARIE FIELDS.
MACQUARIE FIELDS, 2564 places 791st in Australia based on median property value growth during the quarter.
Property investors in MACQUARIE FIELDS enjoyed capital gains of 8.51% over the last 12 months translating to lower returns compared with its peers in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in MACQUARIE FIELDS are low, as opposed to average gains per annum over the past five years.
MACQUARIE FIELDS posted a 34.66% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
Real estate investors could earn a rental income of $360 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $360 mark, reflecting a 3.97% increase in returns based on the current median price in MACQUARIE FIELDS.
MACQUARIE FIELDS, 2564 ranks 218th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
MACQUARIE FIELDS ranks 286th on the list of best yielding suburbs for rental properties in NSW, posting a 3.97% return.
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