Eschol Park

POSTAL CODE: NSW, 2558

HOUSE

Property investments in ESCHOL PARK did not fare well against the rest of the country last year, registering a median home price decrease of 6.23%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains ESCHOL PARK, 2558 saw average growth in the long term.

Real estate investors could earn a rental income of $600 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 23.4 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $968,000.

ESCHOL PARK ranks 578th on the list of best yielding suburbs for rental properties in NSW, posting a 3.22% return.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$968,000	N/A
Growth Report
Median Quarterly	-2.22%	N/A
Median 12 month	6.23%	N/A
Median 3 years	24.9%	N/A
Median 5 years	43.94%	N/A
10 years average annual	6.05%	N/A
Weekly media advert. rent	$600	N/A
Time on Market	23.4 days	N/A
Gross Rental Yield Percent	3.22%	N/A

Demographics (Median Values)*

Total Population 11114

Weekly Household Income 1693

Household Size 3.10

Average Age 34

Monthly Loan Repayment 1800

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

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