AREA REPORTS

Prospect

Suburb Profile

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

house
unit

Property investors have seen a 0% 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 $800,000

Profits averaged 8.66% per annum over a 3-year period, due to an upward trend in home prices in PROSPECT, 2148.

This means, real estate investors could earn a rental income of $480 based on current median home prices for the suburb.

The gross rental yield in PROSPECT, 2148 is 3.12%.

An average of 4 real estate transactions take place per month in PROSPECT which translates to 48 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $800,000 $505,000
GROWTH REPORT
Median Quarterly 0% -3.53%
Median 12 month -1.84% -8.68%
Median 3 years 25.98% 1%
Median 5 years 69.31% 51.2%
10 years average annual 8.63% 10.29%
Weekly media advert. rent $480 $460
Time on Market 58.8 days 51.8 days
Gross Rental Yield Percent 3.12% 4.74%
demographics (median values)
Total Population
4218
Weekly Household Income
1341
Household Size
3.10
demographics
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