Property investors see reduced competition from FHBers
Recent market conditions have meant first-home buyers have had to bow out of the property game, and are expected to return by the end of 201...
STOKERS SIDING, 2484 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in NSW have risen as a whole, pulling STOKERS SIDING, 2484 values up and netting property investors a capital gain of 11.81% for the past year.
Investors saw the median home price rise to $710,000.
Profits due to an upward trend in home prices in the suburb averaged 12.85% per annum over a 3-year period.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In STOKERS SIDING, homes and units usually stay on listing for an average of 68.3 days.
In 2016, 14 properties were sold in STOKERS SIDING during the past year, making it the 1152nd most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $710,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 11.81% | N/A |
| Median 3 years | 38.54% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 9.5% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 68.3 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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