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Allambie Heights
AREA REPORTS

Allambie Heights

Allambie Heights - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2100

house
unit

Property investments in ALLAMBIE HEIGHTS fare well against the rest of the country last year, registering a median home price increase of 26.79%.

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

Based on its average 5-year and quarterly capital gains ALLAMBIE HEIGHTS, 2100 saw average growth in the long term.

Real estate investors could earn a rental income of $850 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 23.8 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 $2,130,000.

ALLAMBIE HEIGHTS ranks 1004th on the list of best yielding suburbs for rental properties in NSW, posting a 2.08% return.

Data report can be found below

Allambie Heights
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,130,000 $1,025,000
GROWTH REPORT
Median Quarterly 9.94% 6.77%
Median 12 month 26.79% N/A
Median 3 years 28.58% N/A
Median 5 years 49.47% N/A
10 years average annual 9.44% -12.99%
Weekly media advert. rent $850 $495
Time on Market 23.8 days 0.0 days
Gross Rental Yield Percent 2.08% 2.51%
demographics (median values)*
Total Population
20911
Weekly Household Income
2214
Household Size
3.00
Age
39
Monthly Loan Repayment
2800
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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