The post-budget guide to commercial property investing

Airds

POSTAL CODE: NSW, 2560
HOUSE

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 $907,000.

The upward trend in home prices in AIRDS, 2560 averaged 15.43% per annum over a 3-year period.

Average weekly rents on listings have reached the $580 mark, reflecting a 3.33% increase in returns based on the current median price in AIRDS.

An average of 3.92 real estate transactions take place per month in AIRDS which translates to 47 per annum.

47 properties were sold in AIRDS in 2016, making it the 410th most active market in NSW based on total real estate transactions.

AIRDS, 2560 places 844th in Australia based on median property value growth during the quarter.

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