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AREA REPORTS

Artarmon

Artarmon - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2064

house
unit

Property investments in ARTARMON fare well against the rest of the country last year, registering a median home price increase of 12.3%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains ARTARMON, 2064 saw average growth in the long term.

Real estate investors could earn a rental income of $970 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 45.5 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $2,950,000.

ARTARMON ranks 1157th on the list of best yielding suburbs for rental properties in NSW, posting a 1.71% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,950,000 $940,000
GROWTH REPORT
Median Quarterly -8.61% -1.26%
Median 12 month 12.3% 5.26%
Median 3 years 47.5% -3.98%
Median 5 years 41.32% 17.35%
10 years average annual 7.84% 5.02%
Weekly media advert. rent $970 $525
Time on Market 45.5 days 50.4 days
Gross Rental Yield Percent 1.71% 2.9%
demographics (median values)
Total Population
8364
Weekly Household Income
1583
Household Size
2.30
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