Australia is in the midst of ‘the biggest rental crisis in history’, expert says
Australia’s property market has never been more paradoxical, with intense rental pressure recorded in a majority of towns and cities, but ...
Property investors have seen a 0% 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 $260,000
Profits averaged 2.33% 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 $265 based on current median home prices for the suburb.
The gross rental yield in JUNEE, 2663 is 5.3%.
An average of 6.75 real estate transactions take place per month in JUNEE which translates to 81 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.12%||N/A|
|Median 3 years||7%||N/A|
|Median 5 years||36.84%||N/A|
|10 years average annual||4.05%||N/A|
|Weekly media advert. rent||$265||N/A|
|Time on Market||138.7 days||N/A|
|Gross Rental Yield Percent||5.3%||N/A|
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