How Much Of The Housing Market Can You Afford?
Aussies can no longer rely on their incomes and savings alone to fund a property purchase, as prices soar and incomes st...
KEW, 2439 ranks 550th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 17.3% 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 $674,500.
The upward trend in home prices in KEW, 2439 averaged 4.14% per annum over a 3-year period.
Average weekly rents on listings have reached the $410 mark, reflecting a 3.16% increase in returns based on the current median price in KEW.
An average of 2 real estate transactions take place per month in KEW which translates to 24 per annum.
24 properties were sold in KEW in 2016, making it the 808th most active market in NSW based on total real estate transactions.
KEW, 2439 places 145th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||17.3%||N/A|
|Median 3 years||12.42%||N/A|
|Median 5 years||33.56%||N/A|
|10 years average annual||4.9%||N/A|
|Weekly media advert. rent||$410||N/A|
|Time on Market||171.9 days||N/A|
|Gross Rental Yield Percent||3.16%||N/A|