The policies impacting property in the NSW state election
Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...
Property investors have seen a -5.48% drop in CORDEAUX HEIGHTS based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CORDEAUX HEIGHTS, 2526 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 $820,000
Profits averaged 6.98% per annum over a 3-year period, due to an upward trend in home prices in CORDEAUX HEIGHTS, 2526.
This means, real estate investors could earn a rental income of $610 based on current median home prices for the suburb.
The gross rental yield in CORDEAUX HEIGHTS, 2526 is 3.87%.
An average of 6.33 real estate transactions take place per month in CORDEAUX HEIGHTS which translates to 76 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $820,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -5.48% | N/A |
| Median 12 month | -4.09% | N/A |
| Median 3 years | 20.94% | N/A |
| Median 5 years | 53.27% | N/A |
| 10 years average annual | 5.88% | N/A |
| Weekly media advert. rent | $610 | N/A |
| Time on Market | 72.7 days | N/A |
| Gross Rental Yield Percent | 3.87% | N/A |
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