What the NSW election result means for property investors
NSW Premier Gladys Berejiklian is set to remain in power for another term, so what does that mean for property investment in NSW? ...
Property investors have seen a -4.82% drop in STANTHORPE based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains STANTHORPE, 4380 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 $266,500
Profits averaged 3.3% per annum over a 3-year period, due to an upward trend in home prices in STANTHORPE, 4380.
This means, real estate investors could earn a rental income of $275 based on current median home prices for the suburb.
The gross rental yield in STANTHORPE, 4380 is 5.37%.
An average of 8.5 real estate transactions take place per month in STANTHORPE which translates to 102 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $266,500 | $229,250 |
| GROWTH REPORT | ||
| Median Quarterly | -4.82% | 4.68% |
| Median 12 month | -4.82% | 4.92% |
| Median 3 years | 9.9% | N/A |
| Median 5 years | 7.89% | 19.87% |
| 10 years average annual | 2.3% | 12.77% |
| Weekly media advert. rent | $275 | $250 |
| Time on Market | 79.5 days | 0.0 days |
| Gross Rental Yield Percent | 5.37% | 5.67% |
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