The Property Policies Both Major Parties Are Peddling
Today’s (21 May) the last day for Australians to vote in the federal election. Here, we’ll be recapping the major pr...
CAMDEN SOUTH, 2570 ranks 1147th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 29.34% 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 stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $879,500.
The upward trend in home prices in CAMDEN SOUTH, 2570 averaged 8.88% per annum over a 3-year period.
Average weekly rents on listings have reached the $500 mark, reflecting a 2.96% increase in returns based on the current median price in CAMDEN SOUTH.
An average of 7.83 real estate transactions take place per month in CAMDEN SOUTH which translates to 94 per annum.
94 properties were sold in CAMDEN SOUTH in 2016, making it the 35th most active market in NSW based on total real estate transactions.
CAMDEN SOUTH, 2570 places 703rd in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||29.34%||N/A|
|Median 3 years||26.64%||N/A|
|Median 5 years||31.27%||35.63%|
|10 years average annual||8.54%||22.64%|
|Weekly media advert. rent||$500||$430|
|Time on Market||21.6 days||17.7 days|
|Gross Rental Yield Percent||2.96%||4.12%|