House Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
MIRADOR, 2548 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 MIRADOR, 2548 values up and netting property investors a capital gain of 103.33% for the past year.
Investors saw the median home price rise to $915,000.
Profits due to an upward trend in home prices in the suburb averaged 8.45% per annum over a 3-year period.
MIRADOR now ranks at the 823rd place on a list of fastest growing suburbs in the territory.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MIRADOR, homes and units usually stay on listing for an average of 57.9 days.
In 2016, 23 properties were sold in MIRADOR during the past year, making it the 893rd most active market in NSW based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||103.33%||N/A|
|Median 3 years||25.34%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||23.06%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||57.9 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|