Property Investors Locking-in Their Gains While Rental Yields Are ‘historically’ High
Data suggests that investors are moving to consolidate their profits while they can. ...
Property investors have seen a -3% drop in URANQUINTY based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains URANQUINTY, 2652 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 $339,500
Profits averaged 6.8% per annum over a 3-year period, due to an upward trend in home prices in URANQUINTY, 2652.
This means, real estate investors could earn a rental income of $335 based on current median home prices for the suburb.
The gross rental yield in URANQUINTY, 2652 is 5.13%.
An average of 1.33 real estate transactions take place per month in URANQUINTY which translates to 16 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-0.15%||N/A|
|Median 3 years||20.39%||N/A|
|Median 5 years||42.98%||N/A|
|10 years average annual||3.7%||N/A|
|Weekly media advert. rent||$335||N/A|
|Time on Market||65.1 days||N/A|
|Gross Rental Yield Percent||5.13%||N/A|