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Jesmond

Suburb Profile

Jesmond - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2299

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 5.32% capital gain.

It 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 $495,000

The augmented property values in the suburb are trailing above the territorial average of 1.85% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $340.

Home owners selling their properties and realtors in JESMOND usually have to wait an average of 60.3 days days before their assets are lifted off the market.

The NSW suburb ranks 624th on the list of best yielding suburbs for rental properties in NSW, posting a 3.57% return.

It also places places 891st in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $495,000 $322,500
GROWTH REPORT
Median Quarterly -0.5% 0.78%
Median 12 month 2.06% 0.78%
Median 3 years 5.32% -5.83%
Median 5 years 26.92% 5.65%
10 years average annual 4.72% 4%
Weekly media advert. rent $340 $359
Time on Market 60.3 days 66.9 days
Gross Rental Yield Percent 3.57% 5.79%
demographics (median values)
Total Population
2440
Weekly Household Income
558.1
Household Size
2.20
demographics
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