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Property investors have seen a 6.92% gain in GILGANDRA based on an increase 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 14.29%.
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 $170,000
Profits averaged -0.95% 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 7.34%.
An average of 4.08 real estate transactions take place per month in GILGANDRA which translates to 49 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||14.29%||N/A|
|Median 3 years||-2.86%||N/A|
|Median 5 years||14.29%||N/A|
|10 years average annual||2.93%||N/A|
|Weekly media advert. rent||$240||N/A|
|Time on Market||123.0 days||N/A|
|Gross Rental Yield Percent||7.34%||N/A|
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