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Edgecliff

Suburb Profile

Edgecliff - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2027

house
unit

EDGECLIFF, 2027 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 $1,960,000.

Profits due to an downward trend in home prices in the suburb averaged -6.11% per annum over a 3-year period.

EDGECLIFF now ranks at the 1170th place on a list of fastest growing suburbs in the territory.

Because of this real estate investors could earn a rental income of $925 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 EDGECLIFF, homes and units usually stay on listing for an average of 0.0 days.

In 2016, 17 properties were sold in EDGECLIFF during the past year, making it the 997th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,960,000 $1,160,000
GROWTH REPORT
Median Quarterly -11.61% 0%
Median 12 month 6.38% -18.31%
Median 3 years -18.33% 26.78%
Median 5 years N/A 43.21%
10 years average annual 3.07% 9.94%
Weekly media advert. rent $925 $620
Time on Market 0.0 days 59.0 days
Gross Rental Yield Percent 2.45% 2.78%
demographics (median values)
Total Population
1629
Weekly Household Income
1420
Household Size
1.70
demographics
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