AREA REPORTS

Northbridge

 

 

Suburb Profile

Northbridge - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2063

house
unit

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 $3,650,000.

The upward trend in home prices in NORTHBRIDGE, 2063 averaged 18.78% per annum over a 3-year period.

Average weekly rents on listings have reached the $1800 mark, reflecting a 2.56% increase in returns based on the current median price in NORTHBRIDGE.

An average of 6.42 real estate transactions take place per month in NORTHBRIDGE which translates to 77 per annum.

77 properties were sold in NORTHBRIDGE in 2016, making it the 137th most active market in NSW based on total real estate transactions.

NORTHBRIDGE, 2063 places th 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 $3,650,000 $961,500
GROWTH REPORT
Median Quarterly 0% -7.73%
Median 12 month 10.19% -31.81%
Median 3 years 56.35% 11.8%
Median 5 years 82.04% 29.93%
10 years average annual 6.75% 7.65%
Weekly media advert. rent $1800 $645
Time on Market 73.7 days 0.0 days
Gross Rental Yield Percent 2.56% 3.49%
demographics (median values)
Total Population
6033
Weekly Household Income
2369
Household Size
2.90
demographics
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