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Girraween
AREA REPORTS

Girraween

Girraween - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2145

house
unit

Based on its average 5-year and quarterly capital gains GIRRAWEEN, 2145 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 GIRRAWEEN, 2145 obtained a 6.74% growth over a ten-year period. It ranks 824th on our list of suburbs that property investors should look into.

GIRRAWEEN, 2145 in NSW belongs to the local government area of Cumberland (A).

GIRRAWEEN, 2145 has a capital gain of 7.14% for the past year, which is higher than average compared to its 15.38% growth within a five-year period.

With the median home price in GIRRAWEEN sitting at $900,000, and the average rent at $530, property owners could potentially earn a 3.06% increase in gross rental yield.

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

Data report can be found below

Girraween
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $900,000 $672,700
GROWTH REPORT
Median Quarterly 1.41% -2.15%
Median 12 month 7.14% 3.49%
Median 3 years -3.04% -3.9%
Median 5 years 15.38% 3.49%
10 years average annual 6.74% 6.16%
Weekly media advert. rent $530 $450
Time on Market 36.1 days 56.0 days
Gross Rental Yield Percent 3.06% 3.48%
demographics (median values)*
Total Population
79211
Weekly Household Income
1712
Household Size
3.00
Age
34
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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