The policies impacting property in the NSW state election
Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...
Property investments in BINALONG did not fare well against the rest of the country last year, registering a median home price decrease of -6.3%.
Based on its average 5-year and quarterly capital gains BINALONG, 2584 saw average growth in the long term.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 89.4 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $267,500.
BINALONG ranks 1480th on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-6.3%||N/A|
|Median 3 years||4.49%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||-4.31%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||89.4 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|
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