The Pros And Cons Of Off-market Property Sales
What are the pros and cons of off-market property sales? We discuss how this selling approach works and delve into the p...
Property investors have seen a 19.02% gain in PARKLEA based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on PARKLEA, 2768 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 26.18%.
Based on its average 5-year and quarterly capital gains PARKLEA, 2768 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 $1,164,000
Profits averaged 10.76% per annum over a 3-year period, due to an upward trend in home prices in PARKLEA, 2768.
This means, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.
The gross rental yield in PARKLEA, 2768 is 2.68%.
An average of 2.67 real estate transactions take place per month in PARKLEA which translates to 32 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||26.18%||N/A|
|Median 3 years||32.27%||N/A|
|Median 5 years||39.38%||-5.56%|
|10 years average annual||8.45%||7.66%|
|Weekly media advert. rent||$600||$470|
|Time on Market||18.8 days||80.8 days|
|Gross Rental Yield Percent||2.68%||4.79%|