Property investors have seen a 4.35% 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 $480,000
Profits averaged 17.17% 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 $330 based on current median home prices for the suburb.
The gross rental yield in TREGEAR, 2770 is 3.58%.
An average of 4.75 real estate transactions take place per month in TREGEAR which translates to 57 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $480,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.35% | N/A |
| Median 12 month | 8.72% | N/A |
| Median 3 years | 51.52% | N/A |
| Median 5 years | 112.39% | N/A |
| 10 years average annual | 9.59% | N/A |
| Weekly media advert. rent | $330 | N/A |
| Time on Market | 49.0 days | N/A |
| Gross Rental Yield Percent | 3.58% | N/A |
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