Property investors have seen a 0.74% 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 $340,000
Profits averaged 1.01% per annum over a 3-year period, due to an upward trend in home prices in MULWALA, 2647.
The gross rental yield in MULWALA, 2647 is 0%.
An average of 3.5 real estate transactions take place per month in MULWALA which translates to 42 per annum.
Property investments in MULWALA fare well against the rest of the country last year, registering a median home price increase of 7.89%.
Figures from the previous quarter show that capital gains for real estate buyers in MULWALA are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains MULWALA, 2647 saw average decrease in the long term.
This means, real estate investors could earn a rental income of $260 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In MULWALA, homes and units usually stay on listing for an average of 146.3 days.
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 $236,000
Investors saw the median home price rise to $236,000.
MULWALA ranks 41st on the list of best yielding suburbs for rental properties in NSW, posting a 5.73% return.
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