Victoria Breaks Residential Property Price Records
According to the Real Estate Institute of Victoria's (REIV) September quarter report, Victoria's residential median prop...
Property investors have seen a 3.45% gain in LEONAY based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains LEONAY, 2750 saw average growth in the long term.
The NSW 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 $900,000
Profits averaged 3.03% per annum over a 3-year period, due to an upward trend in home prices in LEONAY, 2750.
This means, real estate investors could earn a rental income of $590 based on current median home prices for the suburb.
The gross rental yield in LEONAY, 2750 is 3.41%.
An average of 3.33 real estate transactions take place per month in LEONAY which translates to 40 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.43%||N/A|
|Median 3 years||9.09%||N/A|
|Median 5 years||23.29%||N/A|
|10 years average annual||6.23%||N/A|
|Weekly media advert. rent||$590||N/A|
|Time on Market||45.2 days||N/A|
|Gross Rental Yield Percent||3.41%||N/A|