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Summer Hill
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 $700 based on current median home prices for the suburb.

On average, rents on listings have reached the $700 mark, reflecting a 2.2% increase in returns based on the current median price in SUMMER HILL.

SUMMER HILL, 2130 ranks 1220th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 1018th on the list of best yielding suburbs for rental properties in NSW, posting a 2.2% return.

Data report can be found below

Summer Hill
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,651,750 $735,000
GROWTH REPORT
Median Quarterly 0.11% -1.67%
Median 12 month -2.26% -3.92%
Median 3 years 3.56% -13.53%
Median 5 years 10.12% 0.68%
10 years average annual 6.56% 5.11%
Weekly media advert. rent $700 $450
Time on Market 66.9 days 38.6 days
Gross Rental Yield Percent 2.2% 3.18%
demographics (median values)*
Total Population
6130
Weekly Household Income
1164
Household Size
2.10
Age
36
Monthly Loan Repayment
1717
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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