Menangle Park Could Be The Next South Western Sydney Success Story
For buyers willing to gamble on an early-stage release in an unknown suburb, the rewards might just outweigh the risks. ...
Property investors have seen a 0% gain in KARAMA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KARAMA, 812 saw average growth in the long term.
The NT 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 $380,000
Profits averaged -1.67% per annum over a 3-year period, due to an downward trend in home prices in KARAMA, 812.
This means, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.
The gross rental yield in KARAMA, 812 is 5.88%.
An average of 3.08 real estate transactions take place per month in KARAMA which translates to 37 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0%||N/A|
|Median 3 years||-5%||N/A|
|Median 5 years||-26.92%||N/A|
|10 years average annual||-2.18%||N/A|
|Weekly media advert. rent||$430||N/A|
|Time on Market||61.0 days||N/A|
|Gross Rental Yield Percent||5.88%||N/A|