It 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 $1,680,000
The augmented property values in the suburb are trailing above the territorial average of 10.56% in 2016.
Home owners selling their properties and realtors in RAZORBACK usually have to wait an average of 89.1 days days before their assets are lifted off the market.
The NSW suburb ranks 1487th on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.
It also places places 695th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||25.37%||N/A|
|Median 3 years||70.56%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||8.75%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||89.1 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|