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AREA REPORTS

Cooks Hill

Suburb Profile

Cooks Hill - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2300

house
unit

Property investments in COOKS HILL fare well against the rest of the country last year, registering a median home price increase of 14.22%.

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

Based on its average 5-year and quarterly capital gains COOKS HILL, 2300 saw average growth in the long term.

Real estate investors could earn a rental income of $550 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 55.0 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,182,500.

COOKS HILL ranks 996th on the list of best yielding suburbs for rental properties in NSW, posting a 2.42% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,182,500 $610,000
GROWTH REPORT
Median Quarterly 2.38% 10.91%
Median 12 month 14.22% 6.55%
Median 3 years 10% -4.69%
Median 5 years 83.9% 24.49%
10 years average annual 9.02% 5.86%
Weekly media advert. rent $550 $430
Time on Market 55.0 days 85.3 days
Gross Rental Yield Percent 2.42% 3.67%
demographics (median values)
Total Population
2923
Weekly Household Income
1053
Household Size
2.00
demographics
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