Based on its average 5-year and quarterly capital gains OLD TOONGABBIE, 2146 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 OLD TOONGABBIE, 2146 obtained a 7.78% growth over a ten-year period. It ranks 660th on our list of suburbs that property investors should look into.
OLD TOONGABBIE, 2146 in NSW belongs to the local government area of Parramatta.
OLD TOONGABBIE, 2146 has a capital gain of -1.15% for the past year, which is lower than average compared to its 70.8% growth within a five-year period.
With the median home price in OLD TOONGABBIE sitting at $860,000, and the average rent at $480, property owners could potentially earn a 2.9% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in OLD TOONGABBIE are low, as opposed to average gains per annum over the past five years.
OLD TOONGABBIE, 2146 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 $592,000.
Profits due to an upward trend in home prices in OLD TOONGABBIE, 2146 averaged 6.13% per annum over a 3-year period.
Home owners selling their properties and realtors in OLD TOONGABBIE usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $470 mark, reflecting a 4.13% increase in returns based on the current median price in OLD TOONGABBIE.
OLD TOONGABBIE, 2146 places 304th in Australia based on median property value growth during the quarter.