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 Price | $149,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -9.39% | N/A |
| 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 |
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