Airds

POSTAL CODE: NSW, 2560
HOUSE

AIRDS, 2560 ranks 760th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 17.12% for property investors.

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

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $855,000.

The upward trend in home prices in AIRDS, 2560 averaged 13.43% per annum over a 3-year period.

Average weekly rents on listings have reached the $560 mark, reflecting a 3.41% increase in returns based on the current median price in AIRDS.

An average of 5.92 real estate transactions take place per month in AIRDS which translates to 71 per annum.

71 properties were sold in AIRDS in 2016, making it the 175th most active market in NSW based on total real estate transactions.

AIRDS, 2560 places 320th in Australia based on median property value growth during the quarter.

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