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 $1,300,000.
The upward trend in home prices in CLEMTON PARK, 2206 averaged 14.29% per annum over a 3-year period.
Average weekly rents on listings have reached the $650 mark, reflecting a 2.6% increase in returns based on the current median price in CLEMTON PARK.
An average of 0.83 real estate transactions take place per month in CLEMTON PARK which translates to 10 per annum.
10 properties were sold in CLEMTON PARK in 2016, making it the 1500th most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,300,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 11.68% | N/A |
| Median 3 years | 42.86% | N/A |
| Median 5 years | 96.97% | N/A |
| 10 years average annual | 9.19% | N/A |
| Weekly media advert. rent | $650 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 2.6% | N/A |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...