ORANGE 
1 MIN READThis Central Coast Suburb Will Remain ‘white Hot’ For The Rest Of The Year
The poster child of the COVID-19 city exodus, Gosford on the Central Coast, is now seeing an uptick in listings, but acc...
Read More
GranvilleGranville - SUBURB PROFILE REPORT
SHARE 
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 $817,500.
The downward trend in home prices in GRANVILLE, 2142 averaged -1.08% per annum over a 3-year period.
Average weekly rents on listings have reached the $450 mark, reflecting a 2.86% increase in returns based on the current median price in GRANVILLE.
An average of 5.17 real estate transactions take place per month in GRANVILLE which translates to 62 per annum.
62 properties were sold in GRANVILLE in 2016, making it the 599th most active market in NSW based on total real estate transactions.
GRANVILLE, 2142 places 852nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $817,500 | $475,250 |
| GROWTH REPORT | ||
| Median Quarterly | 2.19% | -4.95% |
| Median 12 month | 11.07% | 4.1% |
| Median 3 years | -3.25% | -20.79% |
| Median 5 years | 1.49% | -12.15% |
| 10 years average annual | 7.06% | 4.75% |
| Weekly media advert. rent | $450 | $415 |
| Time on Market | 67.8 days | 65.6 days |
| Gross Rental Yield Percent | 2.86% | 4.54% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
