Falling loan deferrals prove market recovery: REIA
The reduction in loan deferral defies doom and gloom forecasts in the property market, the Real Estate Industry of Australia has said. ...
Based on its average 5-year and quarterly capital gains GULGONG, 2852 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that GULGONG, 2852 obtained a 4.44% growth over a ten-year period. It ranks 1742nd on our list of suburbs that property investors should look into.
GULGONG, 2852 in NSW belongs to the local government area of Mid-Western Regional (A).
GULGONG, 2852 has a capital gain of 6.3% for the past year, which is lower than average compared to its 45.83% growth within a five-year period.
With the median home price in GULGONG sitting at $350,000, and the average rent at $350, property owners could potentially earn a 5.2% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in GULGONG are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $350,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.94% | N/A |
| Median 12 month | 6.3% | N/A |
| Median 3 years | 26.7% | N/A |
| Median 5 years | 45.83% | N/A |
| 10 years average annual | 4.44% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 132.1 days | N/A |
| Gross Rental Yield Percent | 5.2% | N/A |
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