AREA REPORTS

Suffolk Park

 

 

NSW/
Suffolk park

Suburb Profile

Suffolk Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2481

house
unit

Property investors have seen a 0% gain in SUFFOLK PARK based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains SUFFOLK PARK, 2481 saw average growth in the long term.

The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,040,000

Profits averaged 8.18% per annum over a 3-year period, due to an upward trend in home prices in SUFFOLK PARK, 2481.

This means, real estate investors could earn a rental income of $780 based on current median home prices for the suburb.

The gross rental yield in SUFFOLK PARK, 2481 is 3.9%.

An average of 5.33 real estate transactions take place per month in SUFFOLK PARK which translates to 64 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,040,000 $700,000
GROWTH REPORT
Median Quarterly 0% -2.78%
Median 12 month -2.8% -16.77%
Median 3 years 24.55% 16.67%
Median 5 years 61.87% 59.09%
10 years average annual 4.67% 4.91%
Weekly media advert. rent $780 $630
Time on Market 79.9 days 80.8 days
Gross Rental Yield Percent 3.9% 4.68%
demographics (median values)
Total Population
3292
Weekly Household Income
928.9
Household Size
2.50
demographics
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