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AREA REPORTS

Mardi

Suburb Profile

Mardi - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2259

house
unit

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

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 $672,500.

The upward trend in home prices in MARDI, 2259 averaged 2.48% per annum over a 3-year period.

Average weekly rents on listings have reached the $460 mark, reflecting a 3.56% increase in returns based on the current median price in MARDI.

An average of 5 real estate transactions take place per month in MARDI which translates to 60 per annum.

60 properties were sold in MARDI in 2016, making it the 252nd most active market in NSW based on total real estate transactions.

MARDI, 2259 places 865th 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 $672,500 $420,000
GROWTH REPORT
Median Quarterly -0.37% 0%
Median 12 month -1.82% -3.72%
Median 3 years 7.43% N/A
Median 5 years 37.24% 24.63%
10 years average annual 7.06% 6.67%
Weekly media advert. rent $460 $395
Time on Market 97.8 days 72.7 days
Gross Rental Yield Percent 3.56% 4.89%
demographics (median values)
Total Population
2932
Weekly Household Income
1111
Household Size
2.90
demographics
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