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1 MIN READThe Seasonal Slowdown Is Already Over: Auctions Are Back For 2022
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A steady increase in median property prices over a five-year period in SILVERWATER, 2128 translates to a 4.09% capital gain.
SILVERWATER, 2128 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 $662,000.
Profits due to an upward trend in home prices in SILVERWATER, 2128 averaged 1.36% per annum over a 3-year period.
Home owners selling their properties and realtors in SILVERWATER usually have to wait an average of 71.2 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $440 mark, reflecting a 3.46% increase in returns based on the current median price in SILVERWATER.
SILVERWATER, 2128 places 574th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $662,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | -8.69% |
| Median 12 month | N/A | -9.32% |
| Median 3 years | N/A | 4.09% |
| Median 5 years | N/A | 8.7% |
| 10 years average annual | N/A | 3.8% |
| Weekly media advert. rent | N/A | $440 |
| Time on Market | N/A | 71.2 days |
| Gross Rental Yield Percent | N/A | 3.46% |
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