How to refinance a rental property
There are great deals around the market at the moment for new lending, and in particular, new lending to investors. The only way to fully sh...
CLEMTON PARK, 2206 ranks 464th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 15.7% for property investors.
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 $1,284,250.
Average weekly rents on listings have reached the $590 mark, reflecting a 2.39% increase in returns based on the current median price in CLEMTON PARK.
An average of 1.08 real estate transactions take place per month in CLEMTON PARK which translates to 13 per annum.
13 properties were sold in CLEMTON PARK in 2016, making it the 1208th most active market in NSW based on total real estate transactions.
CLEMTON PARK, 2206 places 99th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,284,250 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 9.3% | N/A |
| Median 12 month | 15.7% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | 21.73% | N/A |
| 10 years average annual | 4.04% | N/A |
| Weekly media advert. rent | $590 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 2.39% | N/A |
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