PROPERTY SHOWCASE: How To Be The Boss Of Your Own Property Investment Journey
Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses tha...
Property investors enjoyed capital gains of 12.5% over the last 12 months in CAMBRIDGE GARDENS, 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 7.1% growth over a ten-year period. It ranks 962nd on our list of suburbs that property investors should look into.
CAMBRIDGE GARDENS, 2747 has a capital gain of 12.5% for the past year, which is higher than average compared to its 22.37% growth within a five-year period.
With the median home price in CAMBRIDGE GARDENS sitting at $697,500, and the average rent at $450, property owners could potentially earn a 3.35% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in CAMBRIDGE GARDENS are high, as opposed to average gains per annum over the past five years.
CAMBRIDGE GARDENS, 2747 in NSW belongs to the local government area of Penrith (C).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||12.5%||N/A|
|Median 3 years||9.84%||N/A|
|Median 5 years||22.37%||N/A|
|10 years average annual||7.1%||N/A|
|Weekly media advert. rent||$450||N/A|
|Time on Market||18.8 days||N/A|
|Gross Rental Yield Percent||3.35%||N/A|