Paterson

POSTAL CODE: NSW, 2421

HOUSE

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 5.89% growth over a ten-year period. It ranks 2785th on our list of suburbs that property investors should look into.

PATERSON, 2421 in NSW belongs to the local government area of Dungog.

PATERSON, 2421 has a capital gain of 2.11% for the past year, which is lower than average compared to its 14.79% growth within a five-year period.

With the median home price in PATERSON sitting at $970,000, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.

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.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$970,000	N/A
Growth Report
Median Quarterly	-4.76%	N/A
Median 12 month	2.11%	N/A
Median 3 years	-10.6%	N/A
Median 5 years	14.79%	N/A
10 years average annual	5.89%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	110.6 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 1828

Weekly Household Income 1638

Household Size 2.70

Average Age 41

Monthly Loan Repayment 1950

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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