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AREA REPORTS

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Airds - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2560

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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 $550,000.

The upward trend in home prices in AIRDS, 2560 averaged 1.26% per annum over a 3-year period.

Average weekly rents on listings have reached the $400 mark, reflecting a 3.78% increase in returns based on the current median price in AIRDS.

An average of 5.5 real estate transactions take place per month in AIRDS which translates to 66 per annum.

66 properties were sold in AIRDS in 2016, making it the 231st most active market in NSW based on total real estate transactions.

AIRDS, 2560 places 325th in Australia based on median property value growth during the quarter.

Data report can be found below

Airds
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $550,000 N/A
GROWTH REPORT
Median Quarterly 8.91% N/A
Median 12 month 15.79% N/A
Median 3 years 3.77% N/A
Median 5 years 17.02% N/A
10 years average annual 5.87% N/A
Weekly media advert. rent $400 N/A
Time on Market 34.6 days N/A
Gross Rental Yield Percent 3.78% N/A
demographics (median values)*
Total Population
76521
Weekly Household Income
1429
Household Size
2.90
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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