‘Devil’s in the details’: Senators scrutinise FHB scheme
A Coalition MP has revealed that the 10,000-loan cap for the government’s FHB scheme was designed to appease LMI providers, in the heat of...
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 $1,470,000.
The upward trend in home prices in DULWICH HILL, 2203 averaged 3.02% per annum over a 3-year period.
Average weekly rents on listings have reached the $800 mark, reflecting a 2.83% increase in returns based on the current median price in DULWICH HILL.
An average of 9.42 real estate transactions take place per month in DULWICH HILL which translates to 113 per annum.
113 properties were sold in DULWICH HILL in 2016, making it the 1415th most active market in NSW based on total real estate transactions.
DULWICH HILL, 2203 places 335th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,470,000 | $776,500 |
| GROWTH REPORT | ||
| Median Quarterly | 1.73% | -0.45% |
| Median 12 month | -2.81% | 1.5% |
| Median 3 years | 9.05% | 9.37% |
| Median 5 years | 53.93% | 43.13% |
| 10 years average annual | 8.86% | 8.17% |
| Weekly media advert. rent | $800 | $520 |
| Time on Market | 52.5 days | 50.9 days |
| Gross Rental Yield Percent | 2.83% | 3.48% |
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