The policies impacting property in the NSW state election
Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...
The suburb’s capital gain of -1.8% for the past year is lower than average compared to its 18.48% growth within a five-year period.
Also in UNDERWOOD, the median home price is sitting at $545,000, and the average rent at $455, this suggests property owners could potentially earn a 4.34% increase in gross rental yield.
Property investors have seen a -4.13% drop in UNDERWOOD based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.07% growth over a ten-year period. It ranks 2426th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $545,000 | $365,000 |
| GROWTH REPORT | ||
| Median Quarterly | -4.13% | 4.29% |
| Median 12 month | -1.8% | 9.28% |
| Median 3 years | 9% | 1.39% |
| Median 5 years | 18.48% | -4.95% |
| 10 years average annual | 3.07% | 0.03% |
| Weekly media advert. rent | $455 | $330 |
| Time on Market | 64.7 days | 84.0 days |
| Gross Rental Yield Percent | 4.34% | 4.7% |
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