Perth market conditions at 5-year high for buyers
A new index has found conditions in the Western Australian capital city are the best they’ve ever been for the last five years. ...
Based on its average 5-year and quarterly capital gains SANDRINGHAM, 2219 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 SANDRINGHAM, 2219 obtained a 9.06% growth over a ten-year period. It ranks 145th on our list of suburbs that property investors should look into.
SANDRINGHAM, 2219 in NSW belongs to the local government area of Rockdale.
SANDRINGHAM, 2219 has a capital gain of 5.9% for the past year, which is lower than average compared to its 51.92% growth within a five-year period.
With the median home price in SANDRINGHAM sitting at $1,975,000, and the average rent at $680, property owners could potentially earn a 1.79% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SANDRINGHAM are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,975,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.4% | N/A |
| Median 12 month | 5.9% | N/A |
| Median 3 years | 21.91% | N/A |
| Median 5 years | 51.92% | N/A |
| 10 years average annual | 9.06% | N/A |
| Weekly media advert. rent | $680 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 1.79% | N/A |
A new index has found conditions in the Western Australian capital city are the best they’ve ever been for the last five years. ...
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