Airds

POSTAL CODE: NSW, 2560

HOUSE

AIRDS, 2560 ranks 493rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 20.82% 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 $882,000.

The upward trend in home prices in AIRDS, 2560 averaged 14.94% per annum over a 3-year period.

Average weekly rents on listings have reached the $570 mark, reflecting a 3.36% increase in returns based on the current median price in AIRDS.

An average of 5.42 real estate transactions take place per month in AIRDS which translates to 65 per annum.

65 properties were sold in AIRDS in 2016, making it the 224th most active market in NSW based on total real estate transactions.

AIRDS, 2560 places 187th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$882,000	N/A
Growth Report
Median Quarterly	6.14%	N/A
Median 12 month	20.82%	N/A
Median 3 years	44.83%	N/A
Median 5 years	84.52%	N/A
10 years average annual	8.42%	N/A
Weekly media advert. rent	$570	N/A
Time on Market	42.5 days	N/A
Gross Rental Yield Percent	3.36%	N/A

Demographics (Median Values)*

Total Population 76521

Weekly Household Income 1429

Household Size 2.90

Average Age 34

Monthly Loan Repayment 1803

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

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