The post-budget guide to commercial property investing

Harrington

POSTAL CODE: NSW, 2427
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HARRINGTON, 2427 ranks 2976th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 5.97% 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 $799,000.

The upward trend in home prices in HARRINGTON, 2427 averaged 3.35% per annum over a 3-year period.

Average weekly rents on listings have reached the $520 mark, reflecting a 3.38% increase in returns based on the current median price in HARRINGTON.

An average of 9 real estate transactions take place per month in HARRINGTON which translates to 108 per annum.

108 properties were sold in HARRINGTON in 2016, making it the 1399th most active market in NSW based on total real estate transactions.

HARRINGTON, 2427 places 400th in Australia based on median property value growth during the quarter.

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