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Meadowbank
AREA REPORTS

Meadowbank

Meadowbank - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2114

unit

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 $680,000.

Profits due to an upward trend in home prices in MEADOWBANK, 2114 averaged 0.5% per annum over a 3-year period.

Home owners selling their properties and realtors in MEADOWBANK usually have to wait an average of 52.8 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $425 mark, reflecting a 3.25% increase in returns based on the current median price in MEADOWBANK.

MEADOWBANK, 2114 places 526th in Australia based on median property value growth during the quarter.

Data report can be found below

Meadowbank
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price N/A $680,000
GROWTH REPORT
Median Quarterly N/A -1.95%
Median 12 month N/A -2.86%
Median 3 years N/A 1.49%
Median 5 years N/A -1.81%
10 years average annual N/A 6.11%
Weekly media advert. rent N/A $425
Time on Market N/A 52.8 days
Gross Rental Yield Percent N/A 3.25%
demographics (median values)*
Total Population
24057
Weekly Household Income
1783
Household Size
2.60
Age
35
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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