Canberra Now Boasts A 7-figure Median House Price
With double-digit growth and the steepest price acceleration in almost three decades, Canberra continues to dominate the...
Based on its average 5-year and quarterly capital gains SEFTON, 2162 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that SEFTON, 2162 obtained a 7.04% growth over a ten-year period. It ranks 684th on our list of suburbs that property investors should look into.
SEFTON, 2162 in NSW belongs to the local government area of Canterbury-Bankstown (A).
SEFTON, 2162 has a capital gain of 11.63% for the past year, which is higher than average compared to its 5.91% growth within a five-year period.
With the median home price in SEFTON sitting at $883,000, and the average rent at $500, property owners could potentially earn a 2.94% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SEFTON are high, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||11.63%||5.5%|
|Median 3 years||3.64%||12.2%|
|Median 5 years||5.91%||15.93%|
|10 years average annual||7.04%||6.12%|
|Weekly media advert. rent||$500||$400|
|Time on Market||0.0 days||0.0 days|
|Gross Rental Yield Percent||2.94%||3.62%|