NORTH PARRAMATTA ranks 462nd in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 9.18% for the past year is lower than average compared to its 114.84% growth within a five-year period.
Also in NORTH PARRAMATTA, the median home price is sitting at $1,332,000, and the average rent at $515, this suggests property owners could potentially earn a 2.01% increase in gross rental yield.
Property investors have seen a -4.24% drop in NORTH PARRAMATTA based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 10.77% growth over a ten-year period. It ranks 3107th on our list of suburbs that property investors should look into.
A steady increase in median property prices over a five-year period in NORTH PARRAMATTA, 2151 translates to a 22.36% capital gain.
NORTH PARRAMATTA, 2151 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 $648,500.
Augmented property values in NORTH PARRAMATTA are trailing above the NSW average of 4.18% for the past year.
Real estate investors could earn a rental income of $440 based on current median home prices for the suburb.
Home owners selling their properties and realtors in NORTH PARRAMATTA usually have to wait an average of 47.7 days days before their assets are lifted off the market.
NORTH PARRAMATTA ranks 439th on the list of best yielding suburbs for rental properties in NSW, posting a 3.53% return.
NORTH PARRAMATTA, 2151 places th in Australia based on median property value growth during the quarter.