Expert insight: Sydney’s growth suburbs as of June 2019
After a period of consistent downturn, property experts are now hopeful that the Sydney property market will begin its recovery soon. How ca...
The suburb’s capital gain of -1.53% for the past year is lower than average compared to its 49.4% growth within a five-year period.
Also in EDMONDSON PARK, the median home price is sitting at $869,500, and the average rent at $600, this suggests property owners could potentially earn a 3.59% increase in gross rental yield.
Property investors have seen a -3.39% drop in EDMONDSON PARK based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.58% growth over a ten-year period. It ranks 267th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $869,500 | $524,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.39% | 0% |
| Median 12 month | -1.53% | -19.26% |
| Median 3 years | 8.69% | 16.96% |
| Median 5 years | 49.4% | N/A |
| 10 years average annual | 8.58% | -19.26% |
| Weekly media advert. rent | $600 | $400 |
| Time on Market | 99.9 days | 0.0 days |
| Gross Rental Yield Percent | 3.59% | 3.97% |
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