Townsend

POSTAL CODE: NSW, 2463

HOUSE

Figures from the previous quarter show that capital gains for real estate buyers in TOWNSEND are low, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $570 based on current median home prices for the suburb.

On average, rents on listings have reached the $570 mark, reflecting a 4.28% increase in returns based on the current median price in TOWNSEND.

TOWNSEND, 2463 ranks 1113th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 171st on the list of best yielding suburbs for rental properties in NSW, posting a 4.28% return.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$692,500	N/A
Growth Report
Median Quarterly	1.09%	N/A
Median 12 month	-1.07%	N/A
Median 3 years	2.59%	N/A
Median 5 years	59.2%	N/A
10 years average annual	8.43%	N/A
Weekly media advert. rent	$570	N/A
Time on Market	78.8 days	N/A
Gross Rental Yield Percent	4.28%	N/A

Demographics (Median Values)*

Total Population 7545

Weekly Household Income 932

Household Size 2.40

Average Age 52

Monthly Loan Repayment 1387

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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