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Prospect

Suburb Profile

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

house
unit

Property investors have seen a 2.23% gain in PROSPECT based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains PROSPECT, 2148 saw average growth in the long term.

The NSW 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 $802,500

Profits averaged -0.51% per annum over a 3-year period, due to an downward trend in home prices in PROSPECT, 2148.

This means, real estate investors could earn a rental income of $410 based on current median home prices for the suburb.

The gross rental yield in PROSPECT, 2148 is 2.66%.

An average of 3.33 real estate transactions take place per month in PROSPECT which translates to 40 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $802,500 $567,500
GROWTH REPORT
Median Quarterly 2.23% 0.89%
Median 12 month 6.29% -0.44%
Median 3 years -1.53% 8.1%
Median 5 years 24.9% 13.5%
10 years average annual 7.01% 1.93%
Weekly media advert. rent $410 $450
Time on Market 34.2 days 0.0 days
Gross Rental Yield Percent 2.66% 4.12%
demographics (median values)
Total Population
4218
Weekly Household Income
1341
Household Size
3.10
demographics
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