CLAREVILLE, 2107 ranks 167th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 25.35% for property investors.
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 $3,400,000.
Average weekly rents on listings have reached the $1325 mark, reflecting a 2.03% increase in returns based on the current median price in CLAREVILLE.
An average of 1.58 real estate transactions take place per month in CLAREVILLE which translates to 19 per annum.
19 properties were sold in CLAREVILLE in 2016, making it the 924th most active market in NSW based on total real estate transactions.
CLAREVILLE, 2107 places 29th in Australia based on median property value growth during the quarter.
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