Demand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
A 51.13% increase in median property prices in ARCADIA, 2159 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 68th.
A steady increase in median property prices over a five-year period in the suburb translates to a N/A capital gain.
It 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 $3,000,000
The augmented property values in the suburb are trailing above the territorial average of 23.63% in 2016.
Home owners selling their properties and realtors in ARCADIA usually have to wait an average of 0.0 days days before their assets are lifted off the market.
The NSW suburb ranks 1561st on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
It also places places th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||51.13%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||63.04%||N/A|
|10 years average annual||19.5%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|