CLAREVILLE, 2107 ranks 52nd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 35.57% for property investors.
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 $2,925,000.
The upward trend in home prices in CLAREVILLE, 2107 averaged 40.53% per annum over a 3-year period.
Average weekly rents on listings have reached the $1175 mark, reflecting a 2.09% increase in returns based on the current median price in CLAREVILLE.
An average of 2.25 real estate transactions take place per month in CLAREVILLE which translates to 27 per annum.
27 properties were sold in CLAREVILLE in 2016, making it the 740th most active market in NSW based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||35.57%||N/A|
|Median 3 years||121.59%||N/A|
|Median 5 years||125%||N/A|
|10 years average annual||10.4%||N/A|
|Weekly media advert. rent||$1175||N/A|
|Time on Market||69.3 days||N/A|
|Gross Rental Yield Percent||2.09%||N/A|