Powered by MOMENTUM MEDIA
AREA REPORTS

Tempe

Suburb Profile

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

house

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 $1,089,000.

The upward trend in home prices in TEMPE, 2044 averaged 0.67% per annum over a 3-year period.

Average weekly rents on listings have reached the $745 mark, reflecting a 3.56% increase in returns based on the current median price in TEMPE.

An average of 3.17 real estate transactions take place per month in TEMPE which translates to 38 per annum.

38 properties were sold in TEMPE in 2016, making it the 500th most active market in NSW based on total real estate transactions.

TEMPE, 2044 places 583rd 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 $1,089,000 N/A
GROWTH REPORT
Median Quarterly -1% N/A
Median 12 month -7.71% N/A
Median 3 years 2.01% N/A
Median 5 years 30.26% N/A
10 years average annual 8.72% N/A
Weekly media advert. rent $745 N/A
Time on Market 87.8 days N/A
Gross Rental Yield Percent 3.56% N/A
demographics (median values)
Total Population
3182
Weekly Household Income
1170
Household Size
2.60
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Paul Glossop

How to avoid buying overvalued properties

As stock levels continue to remain low and first-time buyers rush the market, it is becoming increasingly difficult for property investors t...

Perth and suburbs

New WA rules give greater power to tenants

New rules in Western Australia have allowed tenants to secure their furniture to the walls of their rental home to create a child-safe envir...

Young home owner

Housing affordability embraced by first home buyers

The prospects of getting on the property ladder have improved, and it has sparked more first home buyers to set their roots. ...

Brisbane

Brisbane tipped as Australia’s newest investor hotspot

Properties within a 10km radius of the Brisbane CBD are tipped to boom as oversupply issues that have plagued the market disappear, industry...

Suburbs

Why not to invest in your own suburb

New research has revealed that most Australian property investors choose to buy a property in the suburb they live in. Data from 1,150,000 m...

Investment tips from an accountant

3 property investment tips from an accountant

Over the years, accountant Michael Johnson has serviced seasoned property investors, doing the “heavy lifting” for portfolios with more ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.