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...
Property investors have seen a 1.59% gain in WISHART based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WISHART, 4122 saw average growth in the long term.
The QLD suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $735,000
Profits averaged 4.3% per annum over a 3-year period, due to an upward trend in home prices in WISHART, 4122.
This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
The gross rental yield in WISHART, 4122 is 3.54%.
An average of 9.08 real estate transactions take place per month in WISHART which translates to 109 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $735,000 | $400,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.59% | -1.23% |
| Median 12 month | 4.89% | -1.23% |
| Median 3 years | 12.9% | 2.56% |
| Median 5 years | 36.11% | 11.73% |
| 10 years average annual | 4.25% | 1.58% |
| Weekly media advert. rent | $500 | $415 |
| Time on Market | 41.0 days | 49.6 days |
| Gross Rental Yield Percent | 3.54% | 5.4% |
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