Property investors have seen a -1.47% drop in CYGNET based on a decrease 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 $335,000
Profits averaged 3.28% 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 4.58%.
An average of 4.42 real estate transactions take place per month in CYGNET which translates to 53 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.72%||N/A|
|Median 3 years||9.84%||N/A|
|Median 5 years||34%||N/A|
|10 years average annual||4.19%||N/A|
|Weekly media advert. rent||$295||N/A|
|Time on Market||119.6 days||N/A|
|Gross Rental Yield Percent||4.58%||N/A|