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Property investors have seen a 16.34% gain in MOLONG based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on MOLONG, 2866 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 32.84%.
Based on its average 5-year and quarterly capital gains MOLONG, 2866 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 $445,000
Profits averaged 12.31% per annum over a 3-year period, due to an upward trend in home prices in MOLONG, 2866.
This means, real estate investors could earn a rental income of $365 based on current median home prices for the suburb.
The gross rental yield in MOLONG, 2866 is 4.27%.
An average of 4.92 real estate transactions take place per month in MOLONG which translates to 59 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||32.84%||N/A|
|Median 3 years||36.92%||N/A|
|Median 5 years||56.14%||N/A|
|10 years average annual||5.04%||N/A|
|Weekly media advert. rent||$365||N/A|
|Time on Market||67.5 days||N/A|
|Gross Rental Yield Percent||4.27%||N/A|