Rental listings fall to 8-year low
Rental listings in Perth have dropped to an eight-year low as consumers swoop in on empty stock, new research has revealed. ...
Property investors enjoyed capital gains of 3.37% over the last 12 months in WENTWORTH, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 4.27% growth over a ten-year period. It ranks 1850th on our list of suburbs that property investors should look into.
WENTWORTH, 2648 has a capital gain of 3.37% for the past year, which is lower than average compared to its 40.46% growth within a five-year period.
With the median home price in WENTWORTH sitting at $230,000, and the average rent at $235, property owners could potentially earn a 5.31% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WENTWORTH are low, as opposed to average gains per annum over the past five years.
WENTWORTH, 2648 in NSW belongs to the local government area of Wentworth (A).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $230,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -6.12% | N/A |
| Median 12 month | 3.37% | N/A |
| Median 3 years | 25.68% | N/A |
| Median 5 years | 40.46% | N/A |
| 10 years average annual | 4.27% | N/A |
| Weekly media advert. rent | $235 | N/A |
| Time on Market | 123.7 days | N/A |
| Gross Rental Yield Percent | 5.31% | N/A |
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