Should you really invest in Sydney?
Low interest rates shouldn’t be the sole reason you take the plunge into Sydney’s property market, according to a property expert, who h...
The suburb’s capital gain of -6.4% for the past year is lower than average compared to its 11.74% growth within a five-year period.
Also in SOUTH HURSTVILLE, the median home price is sitting at $1,132,500, and the average rent at $650, this suggests property owners could potentially earn a 2.98% increase in gross rental yield.
Property investors have seen a -1.52% drop in SOUTH HURSTVILLE based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.72% growth over a ten-year period. It ranks 1391st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,132,500 | $639,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.52% | -14.26% |
| Median 12 month | -6.4% | -17.28% |
| Median 3 years | -13.71% | -18.08% |
| Median 5 years | 11.74% | 0.55% |
| 10 years average annual | 5.72% | 5% |
| Weekly media advert. rent | $650 | $490 |
| Time on Market | 59.4 days | 111.6 days |
| Gross Rental Yield Percent | 2.98% | 3.99% |
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