Powered by MOMENTUM MEDIA
smart property investment logo
Northmead
AREA REPORTS

Northmead

Northmead - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2152

house
unit

Property investments in NORTHMEAD did not fare well against the rest of the country last year, registering a median home price decrease of 27.78%.

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

Based on its average 5-year and quarterly capital gains NORTHMEAD, 2152 saw average growth in the long term.

Real estate investors could earn a rental income of $515 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 48.8 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,380,000.

NORTHMEAD ranks 957th on the list of best yielding suburbs for rental properties in NSW, posting a 1.94% return.

Data report can be found below

Northmead
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,380,000 $630,000
GROWTH REPORT
Median Quarterly 5.14% 1.61%
Median 12 month 27.78% 5%
Median 3 years 34.11% -3.08%
Median 5 years 38.07% 1.86%
10 years average annual 10% 4.79%
Weekly media advert. rent $515 $410
Time on Market 48.8 days 38.5 days
Gross Rental Yield Percent 1.94% 3.38%
demographics (median values)*
Total Population
11215
Weekly Household Income
1639
Household Size
2.50
Age
37
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.