Property investors have seen a -9.39% 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 $149,500
Profits averaged -1.44% 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 $240 based on current median home prices for the suburb.
The gross rental yield in GILGANDRA, 2827 is 8.35%.
An average of 3.25 real estate transactions take place per month in GILGANDRA which translates to 39 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-14.57%||N/A|
|Median 3 years||-4.32%||N/A|
|Median 5 years||-1.97%||N/A|
|10 years average annual||2.67%||N/A|
|Weekly media advert. rent||$240||N/A|
|Time on Market||136.4 days||N/A|
|Gross Rental Yield Percent||8.35%||N/A|