Menangle Park Could Be The Next South Western Sydney Success Story
For buyers willing to gamble on an early-stage release in an unknown suburb, the rewards might just outweigh the risks. ...
The suburb’s capital gain of 8.33% for the past year is higher than average compared to its -3.47% growth within a five-year period.
Also in QUINNS ROCKS, the median home price is sitting at $487,500, and the average rent at $420, this suggests property owners could potentially earn a 4.48% increase in gross rental yield.
Property investors have seen a 3.72% gain in QUINNS ROCKS based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 0.78% growth over a ten-year period. It ranks 3862nd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.33%||N/A|
|Median 3 years||8.33%||N/A|
|Median 5 years||-3.47%||N/A|
|10 years average annual||0.78%||N/A|
|Weekly media advert. rent||$420||N/A|
|Time on Market||56.6 days||N/A|
|Gross Rental Yield Percent||4.48%||N/A|