Where to find the slightly more affordable and influential suburbs in Sydney
There are certain locations in any area that are more susceptible to price movements than others, and if investors want to try and catch the...
Property investors enjoyed capital gains of 17.18% over the last 12 months in CRACKENBACK, 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 CRACKENBACK, 2627 obtained a 13.37% growth over a ten-year period. It ranks 1069th on our list of suburbs that property investors should look into.
CRACKENBACK, 2627 has a capital gain of 17.18% for the past year, which is lower than average compared to its 141.77% growth within a five-year period.
A 17.18% increase in median property prices in CRACKENBACK, 2627 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 32nd.
Figures from the previous quarter show that capital gains for real estate buyers in CRACKENBACK are low, as opposed to average gains per annum over the past five years.
CRACKENBACK, 2627 in NSW belongs to the local government area of Snowy Monaro Regional (A).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $573,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 5.14% |
| Median 12 month | N/A | 17.18% |
| Median 3 years | N/A | 42.36% |
| Median 5 years | N/A | 141.77% |
| 10 years average annual | N/A | 13.37% |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | N/A | 0.0 days |
| Gross Rental Yield Percent | N/A | N/A |
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