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Property investors have seen a 8.93% 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 $360,000
Profits averaged 5.07% 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 $270 based on current median home prices for the suburb.
The gross rental yield in MULWALA, 2647 is 3.9%.
An average of 5 real estate transactions take place per month in MULWALA which translates to 60 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $360,000 | $223,165 |
| GROWTH REPORT | ||
| Median Quarterly | 8.93% | -5.04% |
| Median 12 month | 7.46% | -14.17% |
| Median 3 years | 15.2% | 1.44% |
| Median 5 years | 23.29% | 15.63% |
| 10 years average annual | 3.73% | 2.03% |
| Weekly media advert. rent | $270 | $220 |
| Time on Market | 129.1 days | 118.9 days |
| Gross Rental Yield Percent | 3.9% | 5.13% |
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