Cordeaux Heights

POSTAL CODE: NSW, 2526

HOUSE

Property investors have seen a -1.45% 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 $1,360,000

Profits averaged 6% 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 $900 based on current median home prices for the suburb.

The gross rental yield in CORDEAUX HEIGHTS, 2526 is 3.44%.

An average of 3.42 real estate transactions take place per month in CORDEAUX HEIGHTS which translates to 41 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,360,000	N/A
Growth Report
Median Quarterly	-1.45%	N/A
Median 12 month	6.25%	N/A
Median 3 years	18.26%	N/A
Median 5 years	47.67%	N/A
10 years average annual	7.29%	N/A
Weekly media advert. rent	$900	N/A
Time on Market	39.2 days	N/A
Gross Rental Yield Percent	3.44%	N/A

Demographics (Median Values)*

Total Population 15630

Weekly Household Income 1522

Household Size 2.80

Average Age 40

Monthly Loan Repayment 1885

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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