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 44.23% for the past year.
Investors saw the median home price rise to $337,500.
Profits due to an upward trend in home prices in the suburb averaged 23.77% per annum over a 3-year period.
LANSDOWNE now ranks at the 7th place on a list of fastest growing suburbs in the territory.
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 92.1 days.
In 2016, 16 properties were sold in LANSDOWNE during the past year, making it the 1067th most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $337,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 29.81% | N/A |
| Median 12 month | 44.23% | N/A |
| Median 3 years | 71.32% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 11.63% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 92.1 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
Hopefully this will increase the value...
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