PM fears impact of migration slide on residential sector
Prime Minister Scott Morrison has acknowledged the threat that a COVID-induced decline in migration could pose to residential property marke...
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Based on its average 5-year and quarterly capital gains CLIFTLEIGH, 2321 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that CLIFTLEIGH, 2321 obtained a 5.5% growth over a ten-year period. It ranks 1424th on our list of suburbs that property investors should look into.
CLIFTLEIGH, 2321 in NSW belongs to the local government area of Cessnock (C).
With the median home price in CLIFTLEIGH sitting at $335,000, and the average rent at $440, property owners could potentially earn a 6.83% increase in gross rental yield.
A 52.34% increase in median property prices in CLIFTLEIGH, 2321 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 9th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $335,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -15.19% | N/A |
| Median 12 month | 52.34% | N/A |
| Median 3 years | -8.84% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 5.5% | N/A |
| Weekly media advert. rent | $440 | N/A |
| Time on Market | 93.2 days | N/A |
| Gross Rental Yield Percent | 6.83% | N/A |
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