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Tempe

Suburb Profile

Tempe - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2044

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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 $1,177,500.

The upward trend in home prices in TEMPE, 2044 averaged 5.53% per annum over a 3-year period.

Average weekly rents on listings have reached the $700 mark, reflecting a 3.09% increase in returns based on the current median price in TEMPE.

An average of 4.83 real estate transactions take place per month in TEMPE which translates to 58 per annum.

58 properties were sold in TEMPE in 2016, making it the 297th most active market in NSW based on total real estate transactions.

TEMPE, 2044 places 164th 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 $1,177,500 N/A
GROWTH REPORT
Median Quarterly 4.67% N/A
Median 12 month -3.68% N/A
Median 3 years 16.58% N/A
Median 5 years 47.93% N/A
10 years average annual 9.57% N/A
Weekly media advert. rent $700 N/A
Time on Market 61.7 days N/A
Gross Rental Yield Percent 3.09% N/A
demographics (median values)
Total Population
3182
Weekly Household Income
1170
Household Size
2.60
demographics
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