Surging House Prices Leading To Longer Saving Times For FHBs
Strong buyer interest, spurred on by record-low interest rates as well as below average wage growth, means it is now pre...
Property investors have seen a 0.01% gain in DEAN PARK based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains DEAN PARK, 2761 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 $670,100
Profits averaged 1.03% per annum over a 3-year period, due to an upward trend in home prices in DEAN PARK, 2761.
This means, real estate investors could earn a rental income of $390 based on current median home prices for the suburb.
The gross rental yield in DEAN PARK, 2761 is 3.03%.
An average of 3.25 real estate transactions take place per month in DEAN PARK which translates to 39 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.7%||N/A|
|Median 3 years||3.09%||N/A|
|Median 5 years||12.39%||N/A|
|10 years average annual||7.65%||N/A|
|Weekly media advert. rent||$390||N/A|
|Time on Market||22.1 days||N/A|
|Gross Rental Yield Percent||3.03%||N/A|