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Springdale HeightsSpringdale Heights - SUBURB PROFILE REPORT
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Property investors have seen a -0.87% drop in SPRINGDALE HEIGHTS based on a decrease 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 $285,000
Profits averaged 7.09% 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 $315 based on current median home prices for the suburb.
The gross rental yield in SPRINGDALE HEIGHTS, 2641 is 5.75%.
An average of 4.83 real estate transactions take place per month in SPRINGDALE HEIGHTS which translates to 58 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $285,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.87% | N/A |
| Median 12 month | -6.56% | N/A |
| Median 3 years | 21.28% | N/A |
| Median 5 years | 7.34% | N/A |
| 10 years average annual | 3.19% | N/A |
| Weekly media advert. rent | $315 | N/A |
| Time on Market | 102.8 days | N/A |
| Gross Rental Yield Percent | 5.75% | N/A |
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