Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb 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 $145,000.
The upward trend in home prices in DEEPWATER, 2371 averaged 15% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in DEEPWATER.
An average of 1.75 real estate transactions take place per month in DEEPWATER which translates to 21 per annum.
21 properties were sold in DEEPWATER in 2016, making it the 874th most active market in NSW based on total real estate transactions.
DEEPWATER, 2371 places 1134th in Australia based on median property value growth during the quarter.
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