How to navigate rent negotiations
NSW Fair Trading has clarified what landlords in the state can do should they find themselves in a position of negotiating a rental agreemen...
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Figures from the previous quarter show that capital gains for real estate buyers in ELDERSLIE are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
On average, rents on listings have reached the $500 mark, reflecting a 3.94% increase in returns based on the current median price in ELDERSLIE.
ELDERSLIE, 2570 ranks 1113th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 473rd on the list of best yielding suburbs for rental properties in NSW, posting a 3.94% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $660,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.15% | N/A |
| Median 12 month | -8.97% | N/A |
| Median 3 years | -5.03% | N/A |
| Median 5 years | 16.92% | N/A |
| 10 years average annual | 4.87% | N/A |
| Weekly media advert. rent | $500 | N/A |
| Time on Market | 57.7 days | N/A |
| Gross Rental Yield Percent | 3.94% | N/A |
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