Property market update: Sydney, March 2020
The whole world halted in March with the emergence of an unprecedented health crisis. How will the Sydney property market fare moving forwar...
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Property investors have seen a 0.72% gain in WULKURAKA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WULKURAKA, 4305 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 $350,500
Profits averaged 5.81% per annum over a 3-year period, due to an upward trend in home prices in WULKURAKA, 4305.
This means, real estate investors could earn a rental income of $330 based on current median home prices for the suburb.
The gross rental yield in WULKURAKA, 4305 is 4.9%.
An average of 1.17 real estate transactions take place per month in WULKURAKA which translates to 14 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $350,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.72% | N/A |
| Median 12 month | 9.53% | N/A |
| Median 3 years | 17.42% | N/A |
| Median 5 years | 12.43% | N/A |
| 10 years average annual | 1.85% | N/A |
| Weekly media advert. rent | $330 | N/A |
| Time on Market | 69.2 days | N/A |
| Gross Rental Yield Percent | 4.9% | N/A |
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