Based on its average 5-year and quarterly capital gains PADSTOW HEIGHTS, 2211 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 PADSTOW HEIGHTS, 2211 obtained a 7.74% growth over a ten-year period. It ranks 673rd on our list of suburbs that property investors should look into.
PADSTOW HEIGHTS, 2211 in NSW belongs to the local government area of Bankstown.
PADSTOW HEIGHTS, 2211 has a capital gain of 10.55% for the past year, which is lower than average compared to its 69.65% growth within a five-year period.
With the median home price in PADSTOW HEIGHTS sitting at $1,090,000, and the average rent at $580, property owners could potentially earn a 2.77% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in PADSTOW HEIGHTS are low, as opposed to average gains per annum over the past five years.
PADSTOW HEIGHTS, 2211 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 $790,000.
Profits due to an upward trend in home prices in PADSTOW HEIGHTS, 2211 averaged 7.49% per annum over a 3-year period.
Home owners selling their properties and realtors in PADSTOW HEIGHTS usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $535 mark, reflecting a 3.52% increase in returns based on the current median price in PADSTOW HEIGHTS.
PADSTOW HEIGHTS, 2211 places 133rd in Australia based on median property value growth during the quarter.