Demand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
MOUNT KEIRA, 2500 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 MOUNT KEIRA, 2500 values up and netting property investors a capital gain of 26.53% for the past year.
Investors saw the median home price rise to $1,137,500.
Profits due to an upward trend in home prices in the suburb averaged 15.28% per annum over a 3-year period.
MOUNT KEIRA now ranks at the 140th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in MOUNT KEIRA are high, as opposed to average gains per annum over the past five years.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MOUNT KEIRA, homes and units usually stay on listing for an average of 19.9 days.
In 2016, 26 properties were sold in MOUNT KEIRA during the past year, making it the 793rd most active market in NSW based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||26.53%||N/A|
|Median 3 years||45.83%||N/A|
|Median 5 years||56.36%||N/A|
|10 years average annual||9.17%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||19.9 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|