Fact or myth: Does water view affect property price growth?
Waterfront locations, particularly in capital cities such as Sydney, are often deemed as “prestige property markets”, but can scenic vie...
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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