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Property investors have seen a 0.95% gain in TREGEAR based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains TREGEAR, 2770 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 $530,000
Profits averaged 11.39% per annum over a 3-year period, due to an upward trend in home prices in TREGEAR, 2770.
This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
The gross rental yield in TREGEAR, 2770 is 3.43%.
An average of 3.42 real estate transactions take place per month in TREGEAR which translates to 41 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $530,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.95% | N/A |
| Median 12 month | 8.83% | N/A |
| Median 3 years | 34.18% | N/A |
| Median 5 years | 120.83% | N/A |
| 10 years average annual | 10.64% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 51.6 days | N/A |
| Gross Rental Yield Percent | 3.43% | N/A |
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