PM fears impact of migration slide on residential sector
Prime Minister Scott Morrison has acknowledged the threat that a COVID-induced decline in migration could pose to residential property marke...
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Based on its average 5-year and quarterly capital gains SILVERWATER, 2128 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that SILVERWATER, 2128 obtained a 7.37% growth over a ten-year period. It ranks 415th on our list of suburbs that property investors should look into.
SILVERWATER, 2128 in NSW belongs to the local government area of Parramatta (C).
With the median home price in SILVERWATER sitting at $950,000, and the average rent at $480, property owners could potentially earn a 2.63% increase in gross rental yield.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $950,000 | $610,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.15% | 2.52% |
| Median 12 month | N/A | -2.17% |
| Median 3 years | N/A | -1.77% |
| Median 5 years | N/A | 11.31% |
| 10 years average annual | 7.37% | 4.09% |
| Weekly media advert. rent | $480 | $470 |
| Time on Market | 0.0 days | 95.6 days |
| Gross Rental Yield Percent | 2.63% | 4.01% |
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