How to avoid buying overvalued properties
As stock levels continue to remain low and first-time buyers rush the market, it is becoming increasingly difficult for property investors t...
Based on its average 5-year and quarterly capital gains TATTON, 2650 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that TATTON, 2650 obtained a 3.75% growth over a ten-year period. It ranks 2135th on our list of suburbs that property investors should look into.
TATTON, 2650 in NSW belongs to the local government area of Wagga Wagga (C).
TATTON, 2650 has a capital gain of 15.46% for the past year, which is higher than average compared to its 40% growth within a five-year period.
With the median home price in TATTON sitting at $560,000, and the average rent at $425, property owners could potentially earn a 3.95% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in TATTON are low, as opposed to average gains per annum over the past five years.
A 15.46% increase in median property prices in TATTON, 2650 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 74th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $560,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.9% | N/A |
| Median 12 month | 15.46% | N/A |
| Median 3 years | 13.13% | N/A |
| Median 5 years | 40% | N/A |
| 10 years average annual | 3.75% | N/A |
| Weekly media advert. rent | $425 | N/A |
| Time on Market | 109.5 days | N/A |
| Gross Rental Yield Percent | 3.95% | N/A |
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