
CBA Ups House Price Growth Expectations But Fails To Meet Westpac’s Optimism
The Commonwealth Bank has revised its property price forecast for 2021 on the back of strong growth in February and Marc...
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 $3,562,500.
KIRRIBILLI now ranks at the 112th place on a list of fastest growing suburbs in the territory.
Because of this real estate investors could earn a rental income of $950 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, 18 properties were sold in KIRRIBILLI during the past year, making it the 1002nd most active market in NSW based on total real estate transactions.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $3,562,500 | $1,698,500 |
GROWTH REPORT | ||
Median Quarterly | 10.04% | 2.94% |
Median 12 month | N/A | 20.89% |
Median 3 years | N/A | 40.37% |
Median 5 years | N/A | 39.22% |
10 years average annual | 25.6% | 11.27% |
Weekly media advert. rent | $950 | $580 |
Time on Market | 0.0 days | 53.9 days |
Gross Rental Yield Percent | 1.39% | 1.78% |