House Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
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 8.98% growth over a ten-year period. It ranks 379th on our list of suburbs that property investors should look into.
PADSTOW HEIGHTS, 2211 in NSW belongs to the local government area of Canterbury-Bankstown (A).
PADSTOW HEIGHTS, 2211 has a capital gain of 30.73% for the past year, which is higher than average compared to its 48.89% growth within a five-year period.
With the median home price in PADSTOW HEIGHTS sitting at $1,340,000, and the average rent at $560, property owners could potentially earn a 2.17% 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.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||30.73%||N/A|
|Median 3 years||46.45%||N/A|
|Median 5 years||48.89%||N/A|
|10 years average annual||8.98%||N/A|
|Weekly media advert. rent||$560||N/A|
|Time on Market||47.2 days||0.0 days|
|Gross Rental Yield Percent||2.17%||N/A|