Springdale Heights

POSTAL CODE: NSW, 2641

HOUSE

Property investors have seen a 0.82% gain in SPRINGDALE HEIGHTS based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on SPRINGDALE HEIGHTS, 2641 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 18.27%.

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 $615,000

Profits averaged 7.67% 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 $525 based on current median home prices for the suburb.

The gross rental yield in SPRINGDALE HEIGHTS, 2641 is 4.44%.

An average of 4.58 real estate transactions take place per month in SPRINGDALE HEIGHTS which translates to 55 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$615,000	N/A
Growth Report
Median Quarterly	0.82%	N/A
Median 12 month	18.27%	N/A
Median 3 years	23%	N/A
Median 5 years	113.91%	N/A
10 years average annual	9.83%	N/A
Weekly media advert. rent	$525	N/A
Time on Market	57.3 days	N/A
Gross Rental Yield Percent	4.44%	N/A

Demographics (Median Values)*

Total Population 15070

Weekly Household Income 950

Household Size 2.20

Average Age 40

Monthly Loan Repayment 1300

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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