NSW/
Northmead

Suburb Profile

Northmead - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2152

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unit

Property investments in NORTHMEAD fare well against the rest of the country last year, registering a median home price increase of 7.24%.

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 $520 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 44.3 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 $1,100,294.

NORTHMEAD ranks 1012th on the list of best yielding suburbs for rental properties in NSW, posting a 2.46% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,100,294 $629,000
GROWTH REPORT
Median Quarterly -1.89% 0.64%
Median 12 month 7.24% 5.54%
Median 3 years 41.06% 12.32%
Median 5 years 86.97% 51.57%
10 years average annual 9.17% 6.21%
Weekly media advert. rent $520 $460
Time on Market 44.3 days 47.4 days
Gross Rental Yield Percent 2.46% 3.8%
demographics (median values)
Total Population
6971
Weekly Household Income
1275
Household Size
2.60
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Northmead, NSW
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