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Padstow
AREA REPORTS

Padstow

Padstow - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2211

house
unit

Homeowners and real estate investors betting on PADSTOW, 2211 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 28%.

A steady increase in median property prices over a five-year period in the suburb translates to a 31.96% capital gain.

Property investors in PADSTOW enjoyed capital gains of 28% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $1,280,000.

Profits due to an upward trend in home prices there averaged 10.65% per annum over a 3-year period.

Home owners selling their properties and realtors in PADSTOW usually have to wait an average of 43.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $590 mark, reflecting a 2.4% increase in returns based on the current median price in PADSTOW.

PADSTOW, 2211 places 913th in Australia based on median property value growth during the quarter.

Data report can be found below

Padstow
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,280,000 $730,000
GROWTH REPORT
Median Quarterly 4.49% 0.69%
Median 12 month 28% 5.04%
Median 3 years 31.96% 10.61%
Median 5 years 33.33% 7.91%
10 years average annual 8.63% 5.23%
Weekly media advert. rent $590 $447.5
Time on Market 43.0 days 35.6 days
Gross Rental Yield Percent 2.4% 3.19%
demographics (median values)*
Total Population
16846
Weekly Household Income
1536
Household Size
2.80
Age
40
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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