AREA REPORTS

Queens Park

 

 

NSW/
Queens park

Suburb Profile

Queens Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2022

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also 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 $2,875,000.

The upward trend in home prices in QUEENS PARK, 2022 averaged 13.41% per annum over a 3-year period.

Average weekly rents on listings have reached the $1395 mark, reflecting a 2.52% increase in returns based on the current median price in QUEENS PARK.

An average of 5.17 real estate transactions take place per month in QUEENS PARK which translates to 62 per annum.

62 properties were sold in QUEENS PARK in 2016, making it the 252nd most active market in NSW based on total real estate transactions.

QUEENS PARK, 2022 places th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,875,000 $970,000
GROWTH REPORT
Median Quarterly 0% -2.51%
Median 12 month 14.66% -10.64%
Median 3 years 40.24% 9.36%
Median 5 years 64.29% 28.48%
10 years average annual 7.7% 5.49%
Weekly media advert. rent $1395 $700
Time on Market 34.2 days 0.0 days
Gross Rental Yield Percent 2.52% 3.75%
demographics (median values)
Total Population
2727
Weekly Household Income
1742
Household Size
2.40
demographics
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