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Of around 25 million Australians, 2.2 million own one investment property, 460,000 own two, and around 19,000 own more than six. From this...
YASS, 2582 ranks 365th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 15.95% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $487,000.
The upward trend in home prices in YASS, 2582 averaged 9% per annum over a 3-year period.
Average weekly rents on listings have reached the $340 mark, reflecting a 3.63% increase in returns based on the current median price in YASS.
An average of 10.5 real estate transactions take place per month in YASS which translates to 126 per annum.
126 properties were sold in YASS in 2016, making it the 1186th most active market in NSW based on total real estate transactions.
YASS, 2582 places 703rd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $487,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.93% | N/A |
| Median 12 month | 15.95% | N/A |
| Median 3 years | 26.99% | N/A |
| Median 5 years | 21.43% | N/A |
| 10 years average annual | 4.59% | N/A |
| Weekly media advert. rent | $340 | N/A |
| Time on Market | 107.4 days | N/A |
| Gross Rental Yield Percent | 3.63% | N/A |
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