AREA REPORTS

Padstow

 

 

NSW/
Padstow

Suburb Profile

Padstow - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2211

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 7.22% capital gain.

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 $973,000.

Profits due to an upward trend in home prices there averaged 2.41% per annum over a 3-year period.

Home owners selling their properties and realtors in PADSTOW usually have to wait an average of 54.4 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $580 mark, reflecting a 3.1% increase in returns based on the current median price in PADSTOW.

PADSTOW, 2211 places 984th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $973,000 $655,000
GROWTH REPORT
Median Quarterly -3.66% -0.76%
Median 12 month -10.57% -13.36%
Median 3 years 7.22% -0.76%
Median 5 years 42.67% 32.66%
10 years average annual 8.08% 6.13%
Weekly media advert. rent $580 $480
Time on Market 54.4 days 58.7 days
Gross Rental Yield Percent 3.1% 3.81%
demographics (median values)
Total Population
11715
Weekly Household Income
1073
Household Size
2.70
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Australia from space

Investing overseas for the first time: How this investor will do it

After acquiring nine properties in four years, investor Arjun Paliwal decided to diversify his portfolio even further by making his next pur...

Scott Morrison

A property investor’s wish list under the Coalition government

With the federal Coalition government winning another term, property investors will see three more years of the current government’s prope...

APRA

‘Absolute biggest news for finance in three years’ announced

The banking regulator intends to revise borrower assessment guidelines, but what does this mean for investors and their portfolio? Accordin...

Brisbane

How this investor dodged the pitfall of natural disasters with Brisbane property

It could be easy to purchase a property without considering the risks or ramifications associated with flooding, particularly when real esta...

Bundles of $100 notes

Why the latest moves from APRA will be good news for property investors

With the election now behind us, confidence is set to return to property markets as well as the economy in general. ...

Suburbs

Market deficits that create golden opportunities

2019 will be remembered as an interesting year for Australian real estate – and the period from May to July might prove the most consequen...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.