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. ...
Figures from the previous quarter show that capital gains for real estate buyers in BELLAMACK are high, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $565 based on current median home prices for the suburb.
On average, rents on listings have reached the $565 mark, reflecting a 5.34% increase in returns based on the current median price in BELLAMACK.
BELLAMACK, 832 ranks 38th in NT in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 23rd on the list of best yielding suburbs for rental properties in NT, posting a 5.34% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-4.76%||N/A|
|Median 3 years||-2.65%||N/A|
|Median 5 years||-15.38%||N/A|
|10 years average annual||15.2%||N/A|
|Weekly media advert. rent||$565||N/A|
|Time on Market||73.2 days||N/A|
|Gross Rental Yield Percent||5.34%||N/A|