The policies impacting property in the NSW state election
Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...
Based on its average 5-year and quarterly capital gains BEXLEY, 2207 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that BEXLEY, 2207 obtained a 7.78% growth over a ten-year period. It ranks 482nd on our list of suburbs that property investors should look into.
BEXLEY, 2207 in NSW belongs to the local government area of Rockdale (C).
BEXLEY, 2207 has a capital gain of -14.68% for the past year, which is lower than average compared to its 34.4% growth within a five-year period.
With the median home price in BEXLEY sitting at $1,115,500, and the average rent at $650, property owners could potentially earn a 3.03% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BEXLEY are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,115,500 | $707,250 |
| GROWTH REPORT | ||
| Median Quarterly | -7.04% | -1.36% |
| Median 12 month | -14.68% | 1.04% |
| Median 3 years | 3.05% | 7.16% |
| Median 5 years | 34.4% | 34.71% |
| 10 years average annual | 7.78% | 6.96% |
| Weekly media advert. rent | $650 | $485 |
| Time on Market | 58.5 days | 51.0 days |
| Gross Rental Yield Percent | 3.03% | 3.57% |
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