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Ruse
AREA REPORTS

Ruse

Ruse - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2560

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Homeowners and real estate investors betting on RUSE, 2560 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 13.82%.

A steady increase in median property prices over a five-year period in the suburb translates to a 12.18% capital gain.

Property investors in RUSE enjoyed capital gains of 13.82% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $700,000.

Profits due to an upward trend in home prices there averaged 4.06% per annum over a 3-year period.

Home owners selling their properties and realtors in RUSE usually have to wait an average of 27.4 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $430 mark, reflecting a 3.19% increase in returns based on the current median price in RUSE.

RUSE, 2560 places 595th in Australia based on median property value growth during the quarter.

Data report can be found below

Ruse
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $700,000 N/A
GROWTH REPORT
Median Quarterly 6.06% N/A
Median 12 month 13.82% N/A
Median 3 years 12.18% N/A
Median 5 years 25% N/A
10 years average annual 8.21% N/A
Weekly media advert. rent $430 N/A
Time on Market 27.4 days N/A
Gross Rental Yield Percent 3.19% 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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