Australia Heads Towards An Apartment Drought
The Property Council is predicting an apartment supply crunch across some of the country’s largest housing markets, wh...
The suburb’s capital gain of 16.42% for the past year is higher than average compared to its 57.27% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Property investors have seen a 9.59% gain in BURRINGBAR based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on BURRINGBAR, 2483 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 16.42%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 13.92% growth over a ten-year period. It ranks 3293rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||16.42%||N/A|
|Median 3 years||30.87%||N/A|
|Median 5 years||57.27%||N/A|
|10 years average annual||13.92%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||64.0 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|