COVID-19 pandemic may create a “two-speed rental market”
The COVID-19 pandemic may be leading to a “two-speed rental market”, with suburbs closer to the city likely to experience greater rental...
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 $584,500.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in CANIABA.
An average of 1.17 real estate transactions take place per month in CANIABA which translates to 14 per annum.
14 properties were sold in CANIABA in 2016, making it the 1129th most active market in NSW based on total real estate transactions.
CANIABA, 2480 places 931st in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $584,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.93% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | 28.74% | N/A |
| 10 years average annual | N/A | 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 |
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