AREA REPORTS

Inverell

Suburb Profile

Inverell - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2360

house

Property investments in INVERELL fare well against the rest of the country last year, registering a median home price increase of 16.39%.

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 INVERELL, 2360 saw average growth in the long term.

Real estate investors could earn a rental income of $300 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 122.9 days.

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

Property investors perceived the median home price rise to $277,000.

INVERELL ranks 74th on the list of best yielding suburbs for rental properties in NSW, posting a 5.63% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $277,000 N/A
GROWTH REPORT
Median Quarterly 2.59% N/A
Median 12 month 16.39% N/A
Median 3 years 13.06% N/A
Median 5 years 19.4% N/A
10 years average annual 3.56% N/A
Weekly media advert. rent $300 N/A
Time on Market 122.9 days N/A
Gross Rental Yield Percent 5.63% N/A
demographics (median values)
Total Population
9747
Weekly Household Income
640.5
Household Size
2.40
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Office space

Office investment in Melbourne is boosting resi investment

Melbourne has been listed as an international investment hotspot and its increase in office investment is helping push up residential invest...

Western Sydney airport

New suburb offering long-term gains for investors

The new Western Sydney Airport is set to bring investors new opportunities, a homebuilder has suggested, with the surrounding ‘Aerotropoli...

Research data

How to get your property research right

An informed property investor is a smart property investor, with one property expert stating preparation is the key to a successful investme...

House key

Landlords vital for home ownership, expert says

Landlords are often blamed for affordability issues, but one property expert and property investor refutes this, arguing that landlords can ...

Property investment

The role of financial advisers in property investment

Financial advisers are not as in-demand as other professionals in the property investment landscape, but experts believe that they are just ...

Hobart

The top 50 regions of growing and declining dwelling value

New data has revealed the top 50 regions across the country that experienced the highest increase in dwelling values over the last year, as ...