How Does An Economist View Labor’s Housing Plans?
Saturday’s (21 May) federal election brought with it a new government, with the Albanese-led Labor party winning power...
LANSDOWNE, 2430 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in NSW have risen as a whole, pulling LANSDOWNE, 2430 values up and netting property investors a capital gain of 50.69% for the past year.
Investors saw the median home price rise to $437,000.
LANSDOWNE now ranks at the 803rd place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in LANSDOWNE are low, as opposed to average gains per annum over the past five years.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In LANSDOWNE, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 13 properties were sold in LANSDOWNE during the past year, making it the 1462nd most active market in NSW based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||50.69%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||58.91%||N/A|
|10 years average annual||14.83%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|