Based on its average 5-year and quarterly capital gains GORDON, 2072 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that GORDON, 2072 obtained a 7.42% growth over a ten-year period. It ranks 782nd on our list of suburbs that property investors should look into.
GORDON, 2072 in NSW belongs to the local government area of Ku-ring-gai.
GORDON, 2072 has a capital gain of 22.87% for the past year, which is higher than average compared to its 97.31% growth within a five-year period.
With the median home price in GORDON sitting at $2,565,000, and the average rent at $1100, property owners could potentially earn a 2.23% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in GORDON are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in GORDON, 2072 translates to a 23.81% capital gain.
Property investors enjoyed capital gains of 0.49% over the last 12 months in GORDON, translating to lower returns compared with its peers in NSW.
GORDON, 2072 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 $910,000.
Profits due to an upward trend in home prices in GORDON, 2072 averaged 7.94% per annum over a 3-year period.
Home owners selling their properties and realtors in GORDON usually have to wait an average of 58.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $630 mark, reflecting a 3.6% increase in returns based on the current median price in GORDON.
GORDON, 2072 places 264th in Australia based on median property value growth during the quarter.