TINGIRA HEIGHTS, 2290 ranks 369th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 20.33% 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 $541,500.
The upward trend in home prices in TINGIRA HEIGHTS, 2290 averaged 5.91% per annum over a 3-year period.
Average weekly rents on listings have reached the $400 mark, reflecting a 3.84% increase in returns based on the current median price in TINGIRA HEIGHTS.
An average of 2.83 real estate transactions take place per month in TINGIRA HEIGHTS which translates to 34 per annum.
34 properties were sold in TINGIRA HEIGHTS in 2016, making it the 599th most active market in NSW based on total real estate transactions.
TINGIRA HEIGHTS, 2290 places 142nd in Australia based on median property value growth during the quarter.
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