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Mardi
AREA REPORTS

Mardi

Mardi - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2259

house
unit

MARDI, 2259 ranks 2611th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 15.22% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $787,500.

The upward trend in home prices in MARDI, 2259 averaged 5.61% per annum over a 3-year period.

Average weekly rents on listings have reached the $550 mark, reflecting a 3.63% increase in returns based on the current median price in MARDI.

An average of 6 real estate transactions take place per month in MARDI which translates to 72 per annum.

72 properties were sold in MARDI in 2016, making it the 175th most active market in NSW based on total real estate transactions.

MARDI, 2259 places 611th in Australia based on median property value growth during the quarter.

Data report can be found below

Mardi
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $787,500 $531,500
GROWTH REPORT
Median Quarterly 7.88% 6.73%
Median 12 month 15.22% 22.18%
Median 3 years 16.84% 21.62%
Median 5 years 34.62% 44.63%
10 years average annual 7.5% 8.51%
Weekly media advert. rent $550 $430
Time on Market 30.7 days 18.7 days
Gross Rental Yield Percent 3.63% 4.21%
demographics (median values)*
Total Population
59513
Weekly Household Income
1285
Household Size
2.70
Age
40
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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