Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $690,000.
The upward trend in home prices in INGLEBURN, 2565 averaged 10.48% per annum over a 3-year period.
Average weekly rents on listings have reached the $440 mark, reflecting a 3.32% increase in returns based on the current median price in INGLEBURN.
An average of 17.08 real estate transactions take place per month in INGLEBURN which translates to 205 per annum.
205 properties were sold in INGLEBURN in 2016, making it the 892nd most active market in NSW based on total real estate transactions.
INGLEBURN, 2565 places th in Australia based on median property value growth during the quarter.
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 $483,500.
Average median unit prices in NSW have risen as a whole, pulling INGLEBURN, 2565 values up and netting property investors a capital gain of 8.17% for the past year.
Investors saw the median home price rise to $483,500.
The upward trend in home prices in INGLEBURN, 2565 averaged 11.13% per annum over a 3-year period.
INGLEBURN now ranks at the 168th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in INGLEBURN are low, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In INGLEBURN, homes and units usually stay on listing for an average of 48.7 days.
100 properties were sold in INGLEBURN in 2016, making it the 598th most active market in NSW based on total real estate transactions.
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