Homeowners and real estate investors betting on JAMISONTOWN, 2750 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 15.65%.
A steady increase in median property prices over a five-year period in the suburb translates to a 36.63% capital gain.
Property investors in JAMISONTOWN enjoyed capital gains of 15.65% over the last 12 months translating to higher returns compared with its peers in the territory.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,175,000.
Profits due to an upward trend in home prices there averaged 12.21% per annum over a 3-year period.
Home owners selling their properties and realtors in JAMISONTOWN usually have to wait an average of 21.7 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $680 mark, reflecting a 3.01% increase in returns based on the current median price in JAMISONTOWN.
JAMISONTOWN, 2750 places 653rd in Australia based on median property value growth during the quarter.
Figures from the previous quarter show that capital gains for real estate buyers in JAMISONTOWN are low, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $510 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $510 mark, reflecting a 4.65% increase in returns based on the current median price in JAMISONTOWN.
JAMISONTOWN, 2750 ranks 471st in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
JAMISONTOWN ranks 182nd on the list of best yielding suburbs for rental properties in NSW, posting a 4.65% return.