Property Investors Locking-in Their Gains While Rental Yields Are ‘historically’ High
Data suggests that investors are moving to consolidate their profits while they can. ...
Property investors have seen a 6.67% gain in WINGELLO based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on WINGELLO, 2579 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 10.44%.
Based on its average 5-year and quarterly capital gains WINGELLO, 2579 saw average growth in the long term.
The NSW 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 $656,000
Profits averaged 10.4% per annum over a 3-year period, due to an upward trend in home prices in WINGELLO, 2579.
The gross rental yield in WINGELLO, 2579 is 0%.
An average of 1.25 real estate transactions take place per month in WINGELLO which translates to 15 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||10.44%||N/A|
|Median 3 years||31.2%||N/A|
|Median 5 years||54.35%||N/A|
|10 years average annual||14.69%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||119.6 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|