Tingira Heights

POSTAL CODE: NSW, 2290

HOUSE

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 $855,000.

The upward trend in home prices in TINGIRA HEIGHTS, 2290 averaged 2.52% per annum over a 3-year period.

Average weekly rents on listings have reached the $700 mark, reflecting a 4.26% increase in returns based on the current median price in TINGIRA HEIGHTS.

An average of 1.83 real estate transactions take place per month in TINGIRA HEIGHTS which translates to 22 per annum.

22 properties were sold in TINGIRA HEIGHTS in 2016, making it the 857th most active market in NSW based on total real estate transactions.

TINGIRA HEIGHTS, 2290 places th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$855,000	N/A
Growth Report
Median Quarterly	0%	N/A
Median 12 month	-6.04%	N/A
Median 3 years	7.55%	N/A
Median 5 years	50%	N/A
10 years average annual	7.26%	N/A
Weekly media advert. rent	$700	N/A
Time on Market	47 days	N/A
Gross Rental Yield Percent	4.26%	N/A

Demographics (Median Values)*

Total Population 33426

Weekly Household Income 1376

Household Size 2.50

Average Age 40

Monthly Loan Repayment 1800

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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