AREA REPORTS

Harrington

 

 

NSW/
Harrington

Suburb Profile

Harrington - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2427

house
unit

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 $511,000.

The upward trend in home prices in HARRINGTON, 2427 averaged 7.71% per annum over a 3-year period.

Average weekly rents on listings have reached the $525 mark, reflecting a 5.34% increase in returns based on the current median price in HARRINGTON.

An average of 11.75 real estate transactions take place per month in HARRINGTON which translates to 141 per annum.

141 properties were sold in HARRINGTON in 2016, making it the 1189th most active market in NSW based on total real estate transactions.

HARRINGTON, 2427 places 1146th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $511,000 $310,000
GROWTH REPORT
Median Quarterly -5.59% 0%
Median 12 month 4.39% -0.8%
Median 3 years 23.13% 12.73%
Median 5 years 44.96% 2.99%
10 years average annual 4.85% 1.22%
Weekly media advert. rent $525 $320
Time on Market 97.7 days 82.5 days
Gross Rental Yield Percent 5.34% 5.37%
demographics (median values)
Total Population
2346
Weekly Household Income
528.9
Household Size
2.10
demographics
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