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AREA REPORTS

Suffolk Park

Suburb Profile

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

house
unit

Property investors have seen a -0.86% drop in SUFFOLK PARK based on a decrease 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 $1,150,000

Profits averaged 4.96% 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 $750 based on current median home prices for the suburb.

The gross rental yield in SUFFOLK PARK, 2481 is 3.39%.

An average of 5 real estate transactions take place per month in SUFFOLK PARK which translates to 60 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,150,000 $790,000
GROWTH REPORT
Median Quarterly -0.86% -0.63%
Median 12 month 1.77% 3.47%
Median 3 years 14.89% 12.86%
Median 5 years 61.4% 45.62%
10 years average annual 8.1% 4.88%
Weekly media advert. rent $750 $650
Time on Market 79.6 days 61.6 days
Gross Rental Yield Percent 3.39% 4.28%
demographics (median values)
Total Population
3292
Weekly Household Income
928.9
Household Size
2.50
demographics
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