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Carnes Hill
AREA REPORTS

Carnes Hill

Carnes Hill - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2171

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CARNES HILL, 2171 ranks 205th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 25.61% for property investors.

The suburb 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 $829,000.

The downward trend in home prices in CARNES HILL, 2171 averaged -2.28% per annum over a 3-year period.

Average weekly rents on listings have reached the $595 mark, reflecting a 3.73% increase in returns based on the current median price in CARNES HILL.

An average of 3 real estate transactions take place per month in CARNES HILL which translates to 36 per annum.

36 properties were sold in CARNES HILL in 2016, making it the 574th most active market in NSW based on total real estate transactions.

Data report can be found below

Carnes Hill
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $829,000 N/A
GROWTH REPORT
Median Quarterly N/A N/A
Median 12 month 25.61% N/A
Median 3 years -6.85% N/A
Median 5 years 3.79% N/A
10 years average annual 7.08% N/A
Weekly media advert. rent $595 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 3.73% N/A
demographics (median values)
Total Population
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Weekly Household Income
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Household Size
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