House prices see largest price drop for last 7 years
A property institute has claimed house prices have seen their largest drop since December 2011, giving buyers the opportunity to add to thei...
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Property investors have seen a 12.27% gain in WEROMBI based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on WEROMBI, 2570 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 26.27%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 17.88% growth over a ten-year period. It ranks 2958th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,610,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 12.27% | N/A |
| Median 12 month | 26.27% | N/A |
| Median 3 years | 62.13% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 17.88% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 137.3 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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