Victoria emerges as Australia’s happiest state – real estate report
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Property investors have seen a -0.88% drop in GILGANDRA based on a decrease in median home prices for the past three months.
Homeowners and real estate investors betting on GILGANDRA, 2827 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 14.24%.
Based on its average 5-year and quarterly capital gains GILGANDRA, 2827 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 $168,500
Profits averaged -1.24% per annum over a 3-year period, due to an downward trend in home prices in GILGANDRA, 2827.
This means, real estate investors could earn a rental income of $262.5 based on current median home prices for the suburb.
The gross rental yield in GILGANDRA, 2827 is 8.1%.
An average of 3.67 real estate transactions take place per month in GILGANDRA which translates to 44 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $168,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.88% | N/A |
| Median 12 month | 14.24% | N/A |
| Median 3 years | -3.71% | N/A |
| Median 5 years | 16.21% | N/A |
| 10 years average annual | 3.45% | N/A |
| Weekly media advert. rent | $262.5 | N/A |
| Time on Market | 135.6 days | N/A |
| Gross Rental Yield Percent | 8.1% | N/A |
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