NSW/
Marayong

Suburb Profile

Marayong - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2148

house

MARAYONG, 2148 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling MARAYONG, 2148 values up and netting property investors a capital gain of 4.89% for the past year.

Investors saw the median home price rise to $697,500.

Profits due to an upward trend in home prices in the suburb averaged 10.53% per annum over a 3-year period.

MARAYONG now ranks at the 1030th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $440 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MARAYONG, homes and units usually stay on listing for an average of 47.4 days.

In 2016, 88 properties were sold in MARAYONG during the past year, making it the 46th most active market in NSW based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $697,500 N/A
GROWTH REPORT
Median Quarterly -2.45% N/A
Median 12 month 4.89% N/A
Median 3 years 31.6% N/A
Median 5 years 83.55% N/A
10 years average annual 8.85% N/A
Weekly media advert. rent $440 N/A
Time on Market 47.4 days N/A
Gross Rental Yield Percent 3.28% N/A
demographics (median values)
Total Population
6820
Weekly Household Income
994.6
Household Size
2.80
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Marayong, NSW
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