Advantages of a buyer’s agent in a challenging market
As the property market continues to show strong growth due to undersupply, low credit and a strong case of FOMO, it is becoming tougher for ...
Property investors have seen a 0.51% gain in COOLAMON based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains COOLAMON, 2701 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 $295,000
Profits averaged 4.49% per annum over a 3-year period, due to an upward trend in home prices in COOLAMON, 2701.
This means, real estate investors could earn a rental income of $280 based on current median home prices for the suburb.
The gross rental yield in COOLAMON, 2701 is 4.94%.
An average of 3.67 real estate transactions take place per month in COOLAMON which translates to 44 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $295,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.51% | N/A |
| Median 12 month | 9.26% | N/A |
| Median 3 years | 13.46% | N/A |
| Median 5 years | 40.48% | N/A |
| 10 years average annual | 5.89% | N/A |
| Weekly media advert. rent | $280 | N/A |
| Time on Market | 123.0 days | N/A |
| Gross Rental Yield Percent | 4.94% | N/A |
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