Property to regain momentum following health crisis
Strong property price growth before the outbreak of COVID-19 gives investors a snapshot of what market conditions will be like once the pand...
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Property investors have seen a 3.53% gain in DOONSIDE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains DOONSIDE, 2767 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 $630,000
Profits averaged -0.9% per annum over a 3-year period, due to an downward trend in home prices in DOONSIDE, 2767.
This means, real estate investors could earn a rental income of $410 based on current median home prices for the suburb.
The gross rental yield in DOONSIDE, 2767 is 3.38%.
An average of 9.58 real estate transactions take place per month in DOONSIDE which translates to 115 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $630,000 | $537,500 |
| GROWTH REPORT | ||
| Median Quarterly | 3.53% | -0.46% |
| Median 12 month | -4.29% | -13.65% |
| Median 3 years | -2.7% | -11.34% |
| Median 5 years | 26% | 7.5% |
| 10 years average annual | 7.71% | 6.78% |
| Weekly media advert. rent | $410 | $385 |
| Time on Market | 48.9 days | 0.0 days |
| Gross Rental Yield Percent | 3.38% | 3.72% |
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