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Springdale HeightsSpringdale Heights - SUBURB PROFILE REPORT
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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 Price | $300,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 5.26% | N/A |
| 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 |
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