AREA REPORTS

Carnes Hill

 

 

NSW/
Carnes hill

Suburb Profile

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

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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

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 $825,000.

The upward trend in home prices in CARNES HILL, 2171 averaged 1.48% per annum over a 3-year period.

Average weekly rents on listings have reached the $630 mark, reflecting a 3.97% increase in returns based on the current median price in CARNES HILL.

An average of 1.92 real estate transactions take place per month in CARNES HILL which translates to 23 per annum.

23 properties were sold in CARNES HILL in 2016, making it the 835th most active market in NSW based on total real estate transactions.

CARNES HILL, 2171 places 1284th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $825,000 N/A
GROWTH REPORT
Median Quarterly -10.62% N/A
Median 12 month -6.78% N/A
Median 3 years 4.43% N/A
Median 5 years 42.24% N/A
10 years average annual 8.25% N/A
Weekly media advert. rent $630 N/A
Time on Market 51.8 days N/A
Gross Rental Yield Percent 3.97% N/A
demographics (median values)
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