Property News You Need To Know: The Week Ending 19 September
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Property investors have seen a 2.77% gain in MOSS VALE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on MOSS VALE, 2577 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 15.13%.
Based on its average 5-year and quarterly capital gains MOSS VALE, 2577 saw average growth in the long term.
The NSW 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 $780,000
Profits averaged 2.78% per annum over a 3-year period, due to an upward trend in home prices in MOSS VALE, 2577.
This means, real estate investors could earn a rental income of $550 based on current median home prices for the suburb.
The gross rental yield in MOSS VALE, 2577 is 3.67%.
An average of 27.25 real estate transactions take place per month in MOSS VALE which translates to 327 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||15.13%||16.67%|
|Median 3 years||8.33%||15.53%|
|Median 5 years||59.18%||48.01%|
|10 years average annual||8.15%||8.07%|
|Weekly media advert. rent||$550||$435|
|Time on Market||71.7 days||61.1 days|
|Gross Rental Yield Percent||3.67%||3.8%|