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1 MIN READ‘Nonsensical’: Economist Shuts Down 10% Price Drop Talk
A big four bank’s suggestion that Australia would see a 10 per cent dip in property prices over 2023 has been promptly...
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KirribilliKirribilli - SUBURB PROFILE REPORT
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KIRRIBILLI, 2061 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 $5,100,000.
Because of this real estate investors could earn a rental income of $975 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 KIRRIBILLI, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 17 properties were sold in KIRRIBILLI during the past year, making it the 1090th most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $5,100,000 | $1,340,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | -0.74% |
| Median 12 month | N/A | -20.71% |
| Median 3 years | N/A | 11.2% |
| Median 5 years | N/A | 13.95% |
| 10 years average annual | 26.63% | 8.49% |
| Weekly media advert. rent | $975 | $550 |
| Time on Market | 0.0 days | 49.5 days |
| Gross Rental Yield Percent | 0.99% | 2.13% |
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