‘Nearology’ Factor Pushing Double-digit Growth In These WA Suburbs
Robust activity in Western Australia’s popular suburbs has caused property prices to skyrocket, yet buyers are still w...
Based on its average 5-year and quarterly capital gains HURSTVILLE, 2220 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 HURSTVILLE, 2220 obtained a 8.02% growth over a ten-year period. It ranks 188th on our list of suburbs that property investors should look into.
HURSTVILLE, 2220 in NSW belongs to the local government area of Georges River (A).
HURSTVILLE, 2220 has a capital gain of 14.14% for the past year, which is higher than average compared to its 16.96% growth within a five-year period.
With the median home price in HURSTVILLE sitting at $1,655,000, and the average rent at $550, property owners could potentially earn a 1.73% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in HURSTVILLE are high, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||14.14%||-5.33%|
|Median 3 years||14.14%||-11.18%|
|Median 5 years||16.96%||-7.53%|
|10 years average annual||8.02%||3.76%|
|Weekly media advert. rent||$550||$450|
|Time on Market||50.7 days||72.4 days|
|Gross Rental Yield Percent||1.73%||3.47%|