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AREA REPORTS

Redhead

Suburb Profile

Redhead - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2290

house

Property investments in REDHEAD fare well against the rest of the country last year, registering a median home price increase of 2.62%.

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

Based on its average 5-year and quarterly capital gains REDHEAD, 2290 saw average growth in the long term.

Real estate investors could earn a rental income of $490 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 66.8 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $980,000.

REDHEAD ranks 956th on the list of best yielding suburbs for rental properties in NSW, posting a 2.6% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $980,000 N/A
GROWTH REPORT
Median Quarterly -0.51% N/A
Median 12 month 2.62% N/A
Median 3 years 15.29% N/A
Median 5 years 30.67% N/A
10 years average annual 5.99% N/A
Weekly media advert. rent $490 N/A
Time on Market 66.8 days N/A
Gross Rental Yield Percent 2.6% N/A
demographics (median values)
Total Population
3336
Weekly Household Income
828.4
Household Size
2.50
demographics
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