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Harrington

Suburb Profile

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

house
unit

HARRINGTON, 2427 ranks 1512th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 5.15% 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 $510,000.

The upward trend in home prices in HARRINGTON, 2427 averaged 3.85% per annum over a 3-year period.

Average weekly rents on listings have reached the $460 mark, reflecting a 4.69% increase in returns based on the current median price in HARRINGTON.

An average of 6.17 real estate transactions take place per month in HARRINGTON which translates to 74 per annum.

74 properties were sold in HARRINGTON in 2016, making it the 138th most active market in NSW based on total real estate transactions.

HARRINGTON, 2427 places th 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 $510,000 $430,000
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 5.15% 37.6%
Median 3 years 11.54% 34.38%
Median 5 years 22.89% 48.28%
10 years average annual 4.29% 6.85%
Weekly media advert. rent $460 $297.5
Time on Market 111.5 days 0.0 days
Gross Rental Yield Percent 4.69% 3.6%
demographics (median values)
Total Population
2346
Weekly Household Income
528.9
Household Size
2.10
demographics
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