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Jesmond
AREA REPORTS

Jesmond

Jesmond - 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 13.17% 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 $543,225

The augmented property values in the suburb are trailing behind the territorial average of 12.41% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $400.

Home owners selling their properties and realtors in JESMOND usually have to wait an average of 46.6 days days before their assets are lifted off the market.

The NSW suburb ranks 359th on the list of best yielding suburbs for rental properties in NSW, posting a 3.83% return.

It also places places 930th in Australia based on median property value growth during the quarter.

Data report can be found below

Jesmond
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $543,225 $370,000
GROWTH REPORT
Median Quarterly 3.47% 12.46%
Median 12 month 9.74% 13.85%
Median 3 years 13.17% 3.64%
Median 5 years 27.82% 6.47%
10 years average annual 5.09% 2.25%
Weekly media advert. rent $400 $370
Time on Market 46.6 days 62.4 days
Gross Rental Yield Percent 3.83% 5.2%
demographics (median values)*
Total Population
11207
Weekly Household Income
1158
Household Size
2.50
Age
33
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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