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AREA REPORTS

Summer Hill

Summer Hill - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2130

house
unit

Figures from the previous quarter show that capital gains for real estate buyers in SUMMER HILL are low, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $705 based on current median home prices for the suburb.

On average, rents on listings have reached the $705 mark, reflecting a 2.22% increase in returns based on the current median price in SUMMER HILL.

SUMMER HILL, 2130 ranks 1185th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 1041st on the list of best yielding suburbs for rental properties in NSW, posting a 2.22% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,651,500 $732,500
GROWTH REPORT
Median Quarterly -1.4% -4.87%
Median 12 month -2.57% -3.62%
Median 3 years 1.47% -13.82%
Median 5 years 9.3% -5.48%
10 years average annual 7.13% 5.53%
Weekly media advert. rent $705 $450
Time on Market 0.0 days 35.5 days
Gross Rental Yield Percent 2.22% 3.19%
demographics (median values)
Total Population
6130
Weekly Household Income
1164
Household Size
2.10
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