‘Nonsensical’: Economist Shuts Down 10% Price Drop Talk
A big four bank’s suggestion that Australia would see a 10 per cent dip in property prices over 2023 has been promptly...
Based on its average 5-year and quarterly capital gains GLEDSWOOD HILLS, 2557 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that GLEDSWOOD HILLS, 2557 obtained a 6.14% growth over a ten-year period. It ranks 1479th on our list of suburbs that property investors should look into.
GLEDSWOOD HILLS, 2557 in NSW belongs to the local government area of Camden (A).
GLEDSWOOD HILLS, 2557 has a capital gain of 5.26% for the past year, which is higher than average compared to its 9.33% growth within a five-year period.
With the median home price in GLEDSWOOD HILLS sitting at $820,000, and the average rent at $567.5, property owners could potentially earn a 3.6% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in GLEDSWOOD HILLS are high, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.26%||N/A|
|Median 3 years||2.5%||N/A|
|Median 5 years||9.33%||N/A|
|10 years average annual||6.14%||N/A|
|Weekly media advert. rent||$567.5||N/A|
|Time on Market||63.1 days||N/A|
|Gross Rental Yield Percent||3.6%||N/A|