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AREA REPORTS

Shortland

Suburb Profile

Shortland - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2307

house
unit

Property investors enjoyed capital gains of 2.27% over the last 12 months in SHORTLAND, translating to lower returns compared with its peers in NSW.

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

The suburb posted a 7.4% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $372.5 based on current median home prices for the suburb.

On average, rents on listings have reached the $372.5 mark, reflecting a 4.3% increase in returns based on the current median price in SHORTLAND.

SHORTLAND, 2307 ranks 864th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 263rd on the list of best yielding suburbs for rental properties in NSW, posting a 4.3% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $450,000 $440,000
GROWTH REPORT
Median Quarterly 0% -1.12%
Median 12 month 2.27% 8.64%
Median 3 years 7.4% 10.28%
Median 5 years 28.21% 7.58%
10 years average annual 5.01% 6.41%
Weekly media advert. rent $372.5 $420
Time on Market 42.3 days 0.0 days
Gross Rental Yield Percent 4.3% 4.96%
demographics (median values)
Total Population
4175
Weekly Household Income
696.2
Household Size
2.40
demographics
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