4 Property Market Trends To Expect In 2022
The impacts of COVID-19 are expected to continue to sway the property market in the year ahead, even as the country’s ...
CAMDEN SOUTH, 2570 ranks 3142nd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 8.86% 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 $725,000.
The upward trend in home prices in CAMDEN SOUTH, 2570 averaged 0.47% per annum over a 3-year period.
Average weekly rents on listings have reached the $495 mark, reflecting a 3.55% increase in returns based on the current median price in CAMDEN SOUTH.
An average of 6.83 real estate transactions take place per month in CAMDEN SOUTH which translates to 82 per annum.
82 properties were sold in CAMDEN SOUTH in 2016, making it the 103rd most active market in NSW based on total real estate transactions.
CAMDEN SOUTH, 2570 places 765th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.86%||N/A|
|Median 3 years||1.4%||N/A|
|Median 5 years||15.54%||20.98%|
|10 years average annual||5.9%||21.74%|
|Weekly media advert. rent||$495||$430|
|Time on Market||41.1 days||0.0 days|
|Gross Rental Yield Percent||3.55%||4.8%|