Investors not ‘playing’ the game could miss out big
While timing in the market is not as important as time in the market, it can still mean the difference between getting and missing out on a ...
Real estate investors could earn a rental income of $290 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 0.0 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $265,000.
MONTEFIORES ranks 69th on the list of best yielding suburbs for rental properties in NSW, posting a 5.69% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $265,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -3.64% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | -14.24% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | N/A | N/A |
| Weekly media advert. rent | $290 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 5.69% | N/A |
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