A steady increase in median property prices over a five-year period in the suburb translates to a 26.93% capital gain.
Property investors in MOUNT ANNAN enjoyed capital gains of 3.93% over the last 12 months translating to lower returns compared with its peers in the territory.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $740,000.
Profits due to an upward trend in home prices there averaged 8.98% per annum over a 3-year period.
Home owners selling their properties and realtors in MOUNT ANNAN usually have to wait an average of 37.8 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $490 mark, reflecting a 3.44% increase in returns based on the current median price in MOUNT ANNAN.
MOUNT ANNAN, 2567 places th in Australia based on median property value growth during the quarter.
Property investors in MOUNT ANNAN enjoyed capital gains of 38.49% over the last 12 months translating to lower returns compared with its peers in the territory.
MOUNT ANNAN posted a 41.79% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
Real estate investors could earn a rental income of $425 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $425 mark, reflecting a 3.71% increase in returns based on the current median price in MOUNT ANNAN.
MOUNT ANNAN, 2567 ranks 3rd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
MOUNT ANNAN ranks 378th on the list of best yielding suburbs for rental properties in NSW, posting a 3.71% return.
If you are running a genuine rental...
The rental market should be totally...
I agree Rick - it would be good and easy...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal