DARLINGTON, 2008 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Investors saw the median home price rise to $1,500,000.
Profits due to an upward trend in home prices in the suburb averaged 15.69% per annum over a 3-year period.
Because of this real estate investors could earn a rental income of $800 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In DARLINGTON, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 25 properties were sold in DARLINGTON during the past year, making it the 784th most active market in NSW based on total real estate transactions.
DARLINGTON, 2008 has a capital gain of -25.57% for the past year, which is lower than average compared to its 68.15% growth within a five-year period.
With the median home price in DARLINGTON sitting at $908,000, and the average rent at $530, property owners could potentially earn a 3.04% increase in gross rental yield.
A survey of average capital gains or median home price increase in suburbs across the country shows that DARLINGTON, 2008 obtained a 23.39% growth over a ten-year period. It ranks 1078th on our list of suburbs that property investors should look into.