Canberra Now Boasts A 7-figure Median House Price
With double-digit growth and the steepest price acceleration in almost three decades, Canberra continues to dominate the...
Property investors have seen a 5.26% gain in SPRINGDALE HEIGHTS based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SPRINGDALE HEIGHTS, 2641 saw average growth in the long term.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $300,000
Profits averaged 6.67% per annum over a 3-year period, due to an upward trend in home prices in SPRINGDALE HEIGHTS, 2641.
This means, real estate investors could earn a rental income of $320 based on current median home prices for the suburb.
The gross rental yield in SPRINGDALE HEIGHTS, 2641 is 5.55%.
An average of 5.08 real estate transactions take place per month in SPRINGDALE HEIGHTS which translates to 61 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.45%||N/A|
|Median 3 years||20%||N/A|
|Median 5 years||12.78%||N/A|
|10 years average annual||3.73%||N/A|
|Weekly media advert. rent||$320||N/A|
|Time on Market||93.7 days||N/A|
|Gross Rental Yield Percent||5.55%||N/A|