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 8.63% growth over a ten-year period. It ranks 53rd on our list of suburbs that property investors should look into.
BEXLEY, 2207 in NSW belongs to the local government area of Rockdale.
BEXLEY, 2207 has a capital gain of -0.81% for the past year, which is lower than average compared to its 70.63% growth within a five-year period.
With the median home price in BEXLEY sitting at $1,220,000, and the average rent at $602.5, property owners could potentially earn a 2.57% 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.
A steady increase in median property prices over a five-year period in BEXLEY, 2207 translates to a 16.94% capital gain.
BEXLEY, 2207 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 $704,000.
Profits due to an upward trend in home prices in BEXLEY, 2207 averaged 5.65% per annum over a 3-year period.
Home owners selling their properties and realtors in BEXLEY usually have to wait an average of 45.7 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $480 mark, reflecting a 3.55% increase in returns based on the current median price in BEXLEY.
BEXLEY, 2207 places 239th in Australia based on median property value growth during the quarter.