NAB Tips 19% Price Growth For Property In 2021
One of Australia’s biggest banks has upped their expectations for Australia’s residential housing market, tipping 19...
The suburb’s capital gain of 3.73% for the past year is higher than average compared to its 17.17% growth within a five-year period.
Also in DARLINGHURST, the median home price is sitting at $1,945,000, and the average rent at $850, this suggests property owners could potentially earn a 2.27% increase in gross rental yield.
Property investors have seen a 0% gain in DARLINGHURST 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 8.66% growth over a ten-year period. It ranks 137th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.73%||5.56%|
|Median 3 years||-1.02%||16.34%|
|Median 5 years||17.17%||27.29%|
|10 years average annual||8.66%||6.27%|
|Weekly media advert. rent||$850||$500|
|Time on Market||83.7 days||59.4 days|
|Gross Rental Yield Percent||2.27%||2.4%|