Powered by MOMENTUM MEDIA
AREA REPORTS

Picton

Suburb Profile

Picton - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2571

house
unit

PICTON, 2571 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 PICTON, 2571 values up and netting property investors a capital gain of 7.45% for the past year.

Investors saw the median home price rise to $757,500.

Profits due to an downward trend in home prices in the suburb averaged -0.11% per annum over a 3-year period.

PICTON now ranks at the 356th 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 PICTON are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $460 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In PICTON, homes and units usually stay on listing for an average of 82.6 days.

In 2016, 84 properties were sold in PICTON during the past year, making it the 92nd 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 $757,500 $440,000
GROWTH REPORT
Median Quarterly 5.21% -3.3%
Median 12 month 7.45% N/A
Median 3 years -0.33% 5.26%
Median 5 years 21.69% 29.41%
10 years average annual 6.32% 6.22%
Weekly media advert. rent $460 $340
Time on Market 82.6 days 0.0 days
Gross Rental Yield Percent 3.16% 4.02%
demographics (median values)
Total Population
4287
Weekly Household Income
1183
Household Size
2.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Q&A: Scott O’Neill, Rethink Investing

Q&A: Scott O’Neill, Rethink Investing

In this special Q&A, Smart Property Investment speaks to the director of Rethink Investing, Scott O’Neill. ...

Perth

Perth’s sales listings hit 10-year low

Perth is experiencing an “extraordinary” decline in listing volumes, with sales listings hitting a 10-year low in February. ...

Brisbane property market update February 2021

This article will highlight what has been happening in the Brisbane Property Market during February 2021. ...

Perth rental stock

Perth’s rental stock dries up

Perth desperately needs an influx of rental stock in the market to provide renters with more housing options, an expert has said. ...

Housing finance records continue to tumble

Housing finance records continue to tumble

Australian housing loan commitment has reached another record high in January, rising by 10.5 per cent in the last month alone, official fig...

Australia’s most popular rental suburbs revealed

Australia’s most popular rental suburbs revealed

Tenants should brace themselves for rental price hikes as tightening vacancy rates continue across the country, new research has revealed. ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.