AUSTRAL, 2179 delivered a stronger 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 20.66% for the past year.
Investors saw the median home price rise to $3,650,000.
AUSTRAL now ranks at the 1162nd place on a list of fastest growing suburbs in the territory.
Because of this real estate investors could earn a rental income of $510 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 146.5 days.
In 2016, 52 properties were sold in AUSTRAL during the past year, making it the 344th most active market in NSW based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||20.66%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||17.77%||N/A|
|Weekly media advert. rent||$510||N/A|
|Time on Market||146.5 days||N/A|
|Gross Rental Yield Percent||0.73%||N/A|