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Loftus

Suburb Profile

Loftus - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2232

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a -0.51% capital gain.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $985,000.

Profits due to an downward trend in home prices there averaged -0.17% per annum over a 3-year period.

Home owners selling their properties and realtors in LOFTUS usually have to wait an average of 44.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $650 mark, reflecting a 3.43% increase in returns based on the current median price in LOFTUS.

LOFTUS, 2232 places 705th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $985,000 $772,500
GROWTH REPORT
Median Quarterly 0.51% N/A
Median 12 month -1.5% -8.58%
Median 3 years -0.51% -5.79%
Median 5 years 26.28% 13.6%
10 years average annual 6.36% 3.67%
Weekly media advert. rent $650 $520
Time on Market 44.3 days 0.0 days
Gross Rental Yield Percent 3.43% 3.5%
demographics (median values)
Total Population
3980
Weekly Household Income
1392
Household Size
2.90
demographics
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