How Does An Economist View Labor’s Housing Plans?
Saturday’s (21 May) federal election brought with it a new government, with the Albanese-led Labor party winning power...
Figures from the previous quarter show that capital gains for real estate buyers in EASTERN CREEK are high, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.
On average, rents on listings have reached the $400 mark, reflecting a 2.36% increase in returns based on the current median price in EASTERN CREEK.
While it ranks 794th on the list of best yielding suburbs for rental properties in NSW, posting a 2.36% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||N/A|
|Median 3 years||37.5%||N/A|
|Median 5 years||41.94%||N/A|
|10 years average annual||9.74%||N/A|
|Weekly media advert. rent||$400||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||2.36%||N/A|