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 -1.38% drop in MUNDOOLUN based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MUNDOOLUN, 4285 saw average growth in the long term.
The QLD 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 $572,000
Profits averaged 2.64% per annum over a 3-year period, due to an upward trend in home prices in MUNDOOLUN, 4285.
This means, real estate investors could earn a rental income of $595 based on current median home prices for the suburb.
The gross rental yield in MUNDOOLUN, 4285 is 5.41%.
An average of 2.58 real estate transactions take place per month in MUNDOOLUN which translates to 31 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $572,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.38% | N/A |
| Median 12 month | 1.69% | N/A |
| Median 3 years | 7.92% | N/A |
| Median 5 years | 17.27% | N/A |
| 10 years average annual | 0.87% | N/A |
| Weekly media advert. rent | $595 | N/A |
| Time on Market | 130.0 days | N/A |
| Gross Rental Yield Percent | 5.41% | N/A |
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