Canberra Now Boasts A 7-figure Median House Price
With double-digit growth and the steepest price acceleration in almost three decades, Canberra continues to dominate the...
Property investors have seen a 2.86% gain in JUNEE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains JUNEE, 2663 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 $270,000
Profits averaged 2.74% per annum over a 3-year period, due to an upward trend in home prices in JUNEE, 2663.
This means, real estate investors could earn a rental income of $290 based on current median home prices for the suburb.
The gross rental yield in JUNEE, 2663 is 5.59%.
An average of 8.08 real estate transactions take place per month in JUNEE which translates to 97 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8%||N/A|
|Median 3 years||8.22%||N/A|
|Median 5 years||18.94%||N/A|
|10 years average annual||4.32%||N/A|
|Weekly media advert. rent||$290||N/A|
|Time on Market||113.3 days||N/A|
|Gross Rental Yield Percent||5.59%||N/A|