AREA REPORTS

Meadowbank

Suburb Profile

Meadowbank - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2114

unit

A steady increase in median property prices over a five-year period in MEADOWBANK, 2114 translates to a 2.58% capital gain.

Property investors enjoyed capital gains of 3.5% over the last 12 months in MEADOWBANK, translating to lower returns compared with its peers in NSW.

MEADOWBANK, 2114 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 $655,000.

Profits due to an upward trend in home prices in MEADOWBANK, 2114 averaged 0.86% per annum over a 3-year period.

Home owners selling their properties and realtors in MEADOWBANK usually have to wait an average of 38.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $490 mark, reflecting a 3.89% increase in returns based on the current median price in MEADOWBANK.

MEADOWBANK, 2114 places 371st in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price N/A $655,000
GROWTH REPORT
Median Quarterly N/A -2.31%
Median 12 month N/A 3.5%
Median 3 years N/A 2.58%
Median 5 years N/A 31.66%
10 years average annual N/A 5.32%
Weekly media advert. rent N/A $490
Time on Market N/A 38.6 days
Gross Rental Yield Percent N/A 3.89%
demographics (median values)
Total Population
2686
Weekly Household Income
1045
Household Size
1.90
demographics
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