TINGIRA HEIGHTS, 2290 ranks 634th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 17.78% for property investors.
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 $530,000.
The upward trend in home prices in TINGIRA HEIGHTS, 2290 averaged 5.41% per annum over a 3-year period.
Average weekly rents on listings have reached the $400 mark, reflecting a 3.92% increase in returns based on the current median price in TINGIRA HEIGHTS.
An average of 2.25 real estate transactions take place per month in TINGIRA HEIGHTS which translates to 27 per annum.
27 properties were sold in TINGIRA HEIGHTS in 2016, making it the 734th most active market in NSW based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||17.78%||N/A|
|Median 3 years||16.23%||N/A|
|Median 5 years||39.47%||N/A|
|10 years average annual||4.45%||N/A|
|Weekly media advert. rent||$400||N/A|
|Time on Market||82.6 days||N/A|
|Gross Rental Yield Percent||3.92%||N/A|