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 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|