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There are great deals around the market at the moment for new lending, and in particular, new lending to investors. The only way to fully sh...
CHELTENHAM, 2119 ranks 179th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 23.33% 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 $1,850,000.
The downward trend in home prices in CHELTENHAM, 2119 averaged -0.47% per annum over a 3-year period.
Average weekly rents on listings have reached the $665 mark, reflecting a 1.87% increase in returns based on the current median price in CHELTENHAM.
An average of 1.08 real estate transactions take place per month in CHELTENHAM which translates to 13 per annum.
13 properties were sold in CHELTENHAM in 2016, making it the 1214th most active market in NSW based on total real estate transactions.
CHELTENHAM, 2119 places 51st in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,850,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 13.67% | N/A |
| Median 12 month | 23.33% | N/A |
| Median 3 years | -1.41% | N/A |
| Median 5 years | 27.59% | N/A |
| 10 years average annual | 8.36% | N/A |
| Weekly media advert. rent | $665 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 1.87% | N/A |
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