Property investors have seen a 3.13% gain in CYGNET based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CYGNET, 7112 saw average growth in the long term.
The TAS 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 $330,000
Profits averaged 5.95% per annum over a 3-year period, due to an upward trend in home prices in CYGNET, 7112.
This means, real estate investors could earn a rental income of $295 based on current median home prices for the suburb.
The gross rental yield in CYGNET, 7112 is 4.65%.
An average of 3.67 real estate transactions take place per month in CYGNET which translates to 44 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.13%||N/A|
|Median 3 years||17.86%||N/A|
|Median 5 years||15.38%||N/A|
|10 years average annual||4.99%||N/A|
|Weekly media advert. rent||$295||N/A|
|Time on Market||77.8 days||N/A|
|Gross Rental Yield Percent||4.65%||N/A|