Expert insight: Sydney’s growth suburbs as of June 2019
After a period of consistent downturn, property experts are now hopeful that the Sydney property market will begin its recovery soon. How ca...
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 $532,500.
The upward trend in home prices in KEW, 2439 averaged 1.82% per annum over a 3-year period.
Average weekly rents on listings have reached the $415 mark, reflecting a 4.05% increase in returns based on the current median price in KEW.
An average of 2.25 real estate transactions take place per month in KEW which translates to 27 per annum.
27 properties were sold in KEW in 2016, making it the 745th most active market in NSW based on total real estate transactions.
KEW, 2439 places 754th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $532,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.84% | N/A |
| Median 12 month | -0.47% | N/A |
| Median 3 years | 5.45% | N/A |
| Median 5 years | 7.58% | N/A |
| 10 years average annual | 2.51% | N/A |
| Weekly media advert. rent | $415 | N/A |
| Time on Market | 136.2 days | N/A |
| Gross Rental Yield Percent | 4.05% | N/A |
After a period of consistent downturn, property experts are now hopeful that the Sydney property market will begin its recovery soon. How ca...
While events surrounding the Mascot Towers situation have placed greater attention on the quality of buildings, experts are split on what th...
Analysis of fresh data from the Australian Bureau of Statistics (ABS) has found population growth is on the rise for the most part, leading ...
If investors are trying to sell their property while temperatures are dropping, it’s important to create a cosy, inviting atmosphere. To g...
Interest rates have always been seen as the big influencer of property values in Australia. But not any longer. Here’s why. ...
Investors with properties on short-term rental sites who didn’t see any income will be closely examined by the ATO this financial year, ac...
Get notifications in real-time for staying up to date with content that matters to you.