Property investors have seen a -1.48% drop in BATHURST based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BATHURST, 2795 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 $665,000
Profits averaged 0.33% per annum over a 3-year period, due to an upward trend in home prices in BATHURST, 2795.
This means, real estate investors could earn a rental income of $520 based on current median home prices for the suburb.
The gross rental yield in BATHURST, 2795 is 4.07%.
An average of 14.42 real estate transactions take place per month in BATHURST which translates to 173 per annum.
Property investments in BATHURST did not fare well against the rest of the country last year, registering a median home price decrease of -1.35%.
Figures from the previous quarter show that capital gains for real estate buyers in BATHURST are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains BATHURST, 2795 saw average growth in the long term.
This means, real estate investors could earn a rental income of $420 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In BATHURST, homes and units usually stay on listing for an average of 68.4 days.
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 $473,500
Investors saw the median home price rise to $473,500.
BATHURST ranks 182nd on the list of best yielding suburbs for rental properties in NSW, posting a 4.61% return.