4 Key Takeaways From The Treasurer
Property appears to be front and centre of the federal government’s economic agenda, so what can investors expect fro...
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 $740,000.
The upward trend in home prices in INGLEBURN, 2565 averaged 2.26% per annum over a 3-year period.
Average weekly rents on listings have reached the $430 mark, reflecting a 3.02% increase in returns based on the current median price in INGLEBURN.
An average of 15.42 real estate transactions take place per month in INGLEBURN which translates to 185 per annum.
185 properties were sold in INGLEBURN in 2016, making it the 1016th most active market in NSW based on total real estate transactions.
INGLEBURN, 2565 places 645th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||10.78%||7.14%|
|Median 3 years||6.78%||-8.16%|
|Median 5 years||18.4%||6.64%|
|10 years average annual||8.11%||6.48%|
|Weekly media advert. rent||$430||$370|
|Time on Market||36.2 days||47.9 days|
|Gross Rental Yield Percent||3.02%||4.28%|