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COLO VALE, 2575 ranks 289th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 20% 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 $720,000.
The upward trend in home prices in COLO VALE, 2575 averaged 16.15% per annum over a 3-year period.
Average weekly rents on listings have reached the $467.5 mark, reflecting a 3.38% increase in returns based on the current median price in COLO VALE.
An average of 2.25 real estate transactions take place per month in COLO VALE which translates to 27 per annum.
27 properties were sold in COLO VALE in 2016, making it the 728th most active market in NSW based on total real estate transactions.
COLO VALE, 2575 places 294th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $720,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.86% | N/A |
| Median 12 month | 20% | N/A |
| Median 3 years | 48.45% | N/A |
| Median 5 years | 94.59% | N/A |
| 10 years average annual | 8.06% | N/A |
| Weekly media advert. rent | $467.5 | N/A |
| Time on Market | 81.8 days | N/A |
| Gross Rental Yield Percent | 3.38% | N/A |
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