AREA REPORTS

Harris Park

 

 

NSW/
Harris park

Suburb Profile

Harris Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2150

unit

Property investments in HARRIS PARK did not fare well against the rest of the country last year, registering a median home price decrease of -5.17%.

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

Based on its average 5-year and quarterly capital gains HARRIS PARK, 2150 saw average growth in the long term.

This means, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In HARRIS PARK, homes and units usually stay on listing for an average of 63.3 days.

the NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $486,000

Investors saw the median home price rise to $486,000.

HARRIS PARK ranks 120th on the list of best yielding suburbs for rental properties in NSW, posting a 4.6% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price N/A $486,000
GROWTH REPORT
Median Quarterly N/A -2.8%
Median 12 month N/A -5.17%
Median 3 years N/A -17.91%
Median 5 years N/A 33.15%
10 years average annual N/A 7.97%
Weekly media advert. rent N/A $430
Time on Market N/A 63.3 days
Gross Rental Yield Percent N/A 4.6%
demographics (median values)
Total Population
6855
Weekly Household Income
877.8
Household Size
2.50
demographics
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