AREA REPORTS

Niagara Park

Suburb Profile

Niagara Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2250

house
unit

NIAGARA PARK, 2250 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling NIAGARA PARK, 2250 values up and netting property investors a capital gain of 8.48% for the past year.

Investors saw the median home price rise to $607,500.

Profits due to an upward trend in home prices in the suburb averaged 16.67% per annum over a 3-year period.

NIAGARA PARK now ranks at the 734th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $460 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In NIAGARA PARK, homes and units usually stay on listing for an average of 50.9 days.

In 2016, 48 properties were sold in NIAGARA PARK during the past year, making it the 387th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $607,500 $480,000
GROWTH REPORT
Median Quarterly -0.08% 0.42%
Median 12 month 8.48% N/A
Median 3 years 50% N/A
Median 5 years 91.64% N/A
10 years average annual 7.03% N/A
Weekly media advert. rent $460 N/A
Time on Market 50.9 days 0.0 days
Gross Rental Yield Percent 3.94% N/A
demographics (median values)
Total Population
2285
Weekly Household Income
1071
Household Size
2.70
demographics
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