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DEEPWATER, 2371 ranks 248th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 44.7% for property investors.
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 $238,750.
The upward trend in home prices in DEEPWATER, 2371 averaged 13.48% 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 1.67 real estate transactions take place per month in DEEPWATER which translates to 20 per annum.
20 properties were sold in DEEPWATER in 2016, making it the 963rd most active market in NSW based on total real estate transactions.
DEEPWATER, 2371 places 28th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||44.7%||N/A|
|Median 3 years||40.44%||N/A|
|Median 5 years||59.17%||N/A|
|10 years average annual||11.71%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||124.9 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|