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Austral

Suburb Profile

Austral - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2179

house

AUSTRAL, 2179 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling AUSTRAL, 2179 values up and netting property investors a capital gain of 3.57% for the past year.

Investors saw the median home price rise to $435,000.

Profits due to an downward trend in home prices in the suburb averaged -0.75% per annum over a 3-year period.

AUSTRAL now ranks at the 387th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $530 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In AUSTRAL, homes and units usually stay on listing for an average of 102.6 days.

In 2016, 303 properties were sold in AUSTRAL during the past year, making it the 663rd most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $435,000 N/A
GROWTH REPORT
Median Quarterly 4.82% N/A
Median 12 month 3.57% N/A
Median 3 years -2.25% N/A
Median 5 years -82.06% N/A
10 years average annual 1% N/A
Weekly media advert. rent $530 N/A
Time on Market 102.6 days N/A
Gross Rental Yield Percent 6.34% N/A
demographics (median values)
Total Population
2806
Weekly Household Income
986.8
Household Size
3.20
demographics
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