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Hurstville
AREA REPORTS

Hurstville

Hurstville - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2220

house
unit

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 6.84% growth over a ten-year period. It ranks 169th 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 4.53% for the past year, which is higher than average compared to its 7.99% growth within a five-year period.

With the median home price in HURSTVILLE sitting at $1,500,000, and the average rent at $570, property owners could potentially earn a 1.98% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in HURSTVILLE are low, as opposed to average gains per annum over the past five years.

Data report can be found below

Hurstville
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,500,000 $700,000
GROWTH REPORT
Median Quarterly 0% -1.41%
Median 12 month 4.53% 1.45%
Median 3 years -2.69% -9.68%
Median 5 years 7.99% -8.5%
10 years average annual 6.84% 4.15%
Weekly media advert. rent $570 $470
Time on Market 49.2 days 71.2 days
Gross Rental Yield Percent 1.98% 3.49%
demographics (median values)*
Total Population
32487
Weekly Household Income
1422
Household Size
3.00
Age
32
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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