Australian home sizes at 22-year low
New data from the ABS has highlighted the decline of the average new-home size, which is at its smallest level since 1996. ...
Property investors have seen a 1.62% gain in MULWALA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MULWALA, 2647 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 $345,500
Profits averaged 2.66% per annum over a 3-year period, due to an upward trend in home prices in MULWALA, 2647.
This means, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.
The gross rental yield in MULWALA, 2647 is 4.52%.
An average of 3.42 real estate transactions take place per month in MULWALA which translates to 41 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $345,500 | $236,330 |
| GROWTH REPORT | ||
| Median Quarterly | 1.62% | -9.45% |
| Median 12 month | 1.62% | 3.88% |
| Median 3 years | 7.97% | 6.22% |
| Median 5 years | 7.97% | 2.75% |
| 10 years average annual | 2.29% | 1.28% |
| Weekly media advert. rent | $300 | $240 |
| Time on Market | 136.4 days | 153.0 days |
| Gross Rental Yield Percent | 4.52% | 5.28% |
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