AREA REPORTS

Merrylands West

 

 

Suburb Profile

Merrylands West - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2160

house
unit

Property investors enjoyed capital gains of 0.59% over the last 12 months in MERRYLANDS WEST, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 8.64% growth over a ten-year period. It ranks 256th on our list of suburbs that property investors should look into.

MERRYLANDS WEST, 2160 has a capital gain of 0.59% for the past year, which is lower than average compared to its 73.6% growth within a five-year period.

With the median home price in MERRYLANDS WEST sitting at $855,000, and the average rent at $530, property owners could potentially earn a 3.22% increase in gross rental yield.

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

MERRYLANDS WEST, 2160 in NSW belongs to the local government area of Holroyd.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $855,000 $482,500
GROWTH REPORT
Median Quarterly 0.59% 2.66%
Median 12 month 0.59% 4.55%
Median 3 years 17.45% 12.21%
Median 5 years 73.6% 57.68%
10 years average annual 8.64% 6.86%
Weekly media advert. rent $530 $400
Time on Market 82.9 days 78.2 days
Gross Rental Yield Percent 3.22% 4.31%
demographics (median values)
Total Population
5799
Weekly Household Income
802.9
Household Size
2.60
demographics
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