Popular lenders issue spate of rate cuts
Facing the prospect of an official rate cut soon, the major banks have been cutting their home loan rates out of cycle. Which of the popular...
Property investors have seen a 0.51% gain in ESTELLA based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on ESTELLA, 2650 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 11.05%.
Based on its average 5-year and quarterly capital gains ESTELLA, 2650 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 $397,000
Profits averaged 4.23% per annum over a 3-year period, due to an upward trend in home prices in ESTELLA, 2650.
This means, real estate investors could earn a rental income of $385 based on current median home prices for the suburb.
The gross rental yield in ESTELLA, 2650 is 5.04%.
An average of 2.75 real estate transactions take place per month in ESTELLA which translates to 33 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $397,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.51% | N/A |
| Median 12 month | 11.05% | N/A |
| Median 3 years | 12.7% | N/A |
| Median 5 years | 17.63% | N/A |
| 10 years average annual | 3.43% | N/A |
| Weekly media advert. rent | $385 | N/A |
| Time on Market | 86.4 days | N/A |
| Gross Rental Yield Percent | 5.04% | N/A |
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