AREA REPORTS

Grasmere

NSW/
Grasmere

Suburb Profile

Grasmere - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2570

house

GRASMERE, 2570 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling GRASMERE, 2570 values up and netting property investors a capital gain of 8.28% for the past year.

Investors saw the median home price rise to $1,765,000.

Profits due to an upward trend in home prices in the suburb averaged 17.72% per annum over a 3-year period.

GRASMERE now ranks at the 236th 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 GRASMERE are low, as opposed to average gains per annum over the past five years.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In GRASMERE, homes and units usually stay on listing for an average of 73.8 days.

In 2016, 16 properties were sold in GRASMERE during the past year, making it the 1066th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,765,000 N/A
GROWTH REPORT
Median Quarterly 3.82% N/A
Median 12 month 8.28% N/A
Median 3 years 53.15% N/A
Median 5 years 115.24% N/A
10 years average annual 14.09% N/A
Weekly media advert. rent N/A N/A
Time on Market 73.8 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
1528
Weekly Household Income
1140
Household Size
2.70
demographics
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