New home sales reach two-decade high
Home sales have soared for the month of December, doubling compared with the number of sales recorded in November, new research has reveale...
Based on its average 5-year and quarterly capital gains PATERSON, 2421 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 PATERSON, 2421 obtained a 3.93% growth over a ten-year period. It ranks 2028th on our list of suburbs that property investors should look into.
PATERSON, 2421 in NSW belongs to the local government area of Dungog (A).
PATERSON, 2421 has a capital gain of 47.87% for the past year, which is higher than average compared to its 98.51% growth within a five-year period.
Figures from the previous quarter show that capital gains for real estate buyers in PATERSON are low, as opposed to average gains per annum over the past five years.
A 47.87% increase in median property prices in PATERSON, 2421 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 2nd.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $800,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | 47.87% | N/A |
| Median 3 years | 20.75% | N/A |
| Median 5 years | 98.51% | N/A |
| 10 years average annual | 3.93% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 90.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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