Hot Property: The biggest stories this week
Melbourne’s reopening has been met with plenty of property fanfare: Here are the biggest property stories from this week. ...
Property investors have seen a -1.21% drop in GILGANDRA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GILGANDRA, 2827 saw average decrease 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 $163,000
Profits averaged 4.8% per annum over a 3-year period, due to an upward trend in home prices in GILGANDRA, 2827.
This means, real estate investors could earn a rental income of $250 based on current median home prices for the suburb.
The gross rental yield in GILGANDRA, 2827 is 7.98%.
An average of 3.17 real estate transactions take place per month in GILGANDRA which translates to 38 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $163,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.21% | N/A |
| Median 12 month | -1.21% | N/A |
| Median 3 years | 14.39% | N/A |
| Median 5 years | -9.19% | N/A |
| 10 years average annual | 2.96% | N/A |
| Weekly media advert. rent | $250 | N/A |
| Time on Market | 145.4 days | N/A |
| Gross Rental Yield Percent | 7.98% | N/A |
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