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9 MIN READProperty Market Update: Brisbane, April 2022
Brisbane remained golden in April, as house values in the city marched higher to hit a new record high. But with a rate ...
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Oran ParkOran Park - SUBURB PROFILE REPORT
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Property investors enjoyed capital gains of 27.4% over the last 12 months in ORAN PARK, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.72% growth over a ten-year period. It ranks 1055th on our list of suburbs that property investors should look into.
ORAN PARK, 2570 has a capital gain of 27.4% for the past year, which is higher than average compared to its 18.78% growth within a five-year period.
With the median home price in ORAN PARK sitting at $899,750, and the average rent at $560, property owners could potentially earn a 3.24% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ORAN PARK are high, as opposed to average gains per annum over the past five years.
ORAN PARK, 2570 in NSW belongs to the local government area of Camden (A).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $899,750 | $669,000 |
| GROWTH REPORT | ||
| Median Quarterly | 9.74% | -1.69% |
| Median 12 month | 27.4% | 1.36% |
| Median 3 years | 21.59% | 4.53% |
| Median 5 years | 18.78% | 22.58% |
| 10 years average annual | 7.72% | 13.05% |
| Weekly media advert. rent | $560 | $380 |
| Time on Market | 32.8 days | 0.0 days |
| Gross Rental Yield Percent | 3.24% | 2.95% |
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