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 $693,000.
Investors saw the median home price rise to $693,000.
The upward trend in home prices in HILLSDALE, 2036 averaged 16.88% per annum over a 3-year period.
HILLSDALE now ranks at the 319th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in HILLSDALE are low, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $470 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In HILLSDALE, homes and units usually stay on listing for an average of 26.4 days.
162 properties were sold in HILLSDALE in 2016, making it the 436th most active market in NSW based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||-17.6%|
|Median 3 years||N/A||50.65%|
|Median 5 years||N/A||63.06%|
|10 years average annual||N/A||10.66%|
|Weekly media advert. rent||N/A||$470|
|Time on Market||N/A||26.4 days|
|Gross Rental Yield Percent||N/A||3.53%|