
How Does An Economist View Labor’s Housing Plans?
Saturday’s (21 May) federal election brought with it a new government, with the Albanese-led Labor party winning power...
Property investors have seen a 16.09% gain in NORDS WHARF based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on NORDS WHARF, 2281 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 49.41%.
Based on its average 5-year and quarterly capital gains NORDS WHARF, 2281 saw average growth in the long term.
The NSW 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 $1,010,000
Profits averaged 14.59% per annum over a 3-year period, due to an upward trend in home prices in NORDS WHARF, 2281.
The gross rental yield in NORDS WHARF, 2281 is 0%.
An average of 1.58 real estate transactions take place per month in NORDS WHARF which translates to 19 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $1,010,000 | N/A |
GROWTH REPORT | ||
Median Quarterly | 16.09% | N/A |
Median 12 month | 49.41% | N/A |
Median 3 years | 43.77% | N/A |
Median 5 years | 39.99% | N/A |
10 years average annual | 10.24% | N/A |
Weekly media advert. rent | N/A | N/A |
Time on Market | 25.3 days | N/A |
Gross Rental Yield Percent | N/A | N/A |