Property Market Update: Melbourne, December 2021
Melbourne capped off a bumpy 2021 with double-digit annual growth, triumphing over gloomy start-of-the-year forecasts. H...
Property investors enjoyed capital gains of 49.12% over the last 12 months in MATHOURA, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 9.8% growth over a ten-year period. It ranks 61st on our list of suburbs that property investors should look into.
MATHOURA, 2710 has a capital gain of 49.12% for the past year, which is higher than average compared to its 37.03% growth within a five-year period.
A 49.12% increase in median property prices in MATHOURA, 2710 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 18th.
Figures from the previous quarter show that capital gains for real estate buyers in MATHOURA are high, as opposed to average gains per annum over the past five years.
MATHOURA, 2710 in NSW belongs to the local government area of Murray River (A).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||49.12%||N/A|
|Median 3 years||37.03%||N/A|
|Median 5 years||37.03%||N/A|
|10 years average annual||9.8%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||97.6 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|