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Tighes Hill
AREA REPORTS

Tighes Hill

Tighes Hill - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2297

house

TIGHES HILL, 2297 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling TIGHES HILL, 2297 values up and netting property investors a capital gain of 19.86% for the past year.

Investors saw the median home price rise to $848,000.

Profits due to an upward trend in home prices in the suburb averaged 5.52% per annum over a 3-year period.

TIGHES HILL now ranks at the 337th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $480 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In TIGHES HILL, homes and units usually stay on listing for an average of 55.7 days.

In 2016, 40 properties were sold in TIGHES HILL during the past year, making it the 514th most active market in NSW based on total real estate transactions.

Data report can be found below

Tighes Hill
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $848,000 N/A
GROWTH REPORT
Median Quarterly 6.13% N/A
Median 12 month 19.86% N/A
Median 3 years 16.56% N/A
Median 5 years 48.77% N/A
10 years average annual 9.76% N/A
Weekly media advert. rent $480 N/A
Time on Market 55.7 days N/A
Gross Rental Yield Percent 2.94% N/A
demographics (median values)*
Total Population
1680
Weekly Household Income
1372
Household Size
2.30
Age
37
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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