New home sales reach two-decade high
Home sales have soared for the month of December, doubling compared with the number of sales recorded in November, new research has reveale...
Property investors enjoyed capital gains of 30.1% over the last 12 months in CADDENS, 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 the NSW suburb obtained a 7.56% growth over a ten-year period. It ranks 307th on our list of suburbs that property investors should look into.
CADDENS, 2747 has a capital gain of 30.1% for the past year, which is higher than average compared to its 0.24% growth within a five-year period.
With the median home price in CADDENS sitting at $724,000, and the average rent at $570, property owners could potentially earn a 4.09% increase in gross rental yield.
A 30.1% increase in median property prices in CADDENS, 2747 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 44th.
Figures from the previous quarter show that capital gains for real estate buyers in CADDENS are high, as opposed to average gains per annum over the past five years.
CADDENS, 2747 in NSW belongs to the local government area of Penrith (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $724,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 18.35% | N/A |
| Median 12 month | 30.1% | N/A |
| Median 3 years | 41.96% | N/A |
| Median 5 years | 0.24% | N/A |
| 10 years average annual | 7.56% | N/A |
| Weekly media advert. rent | $570 | N/A |
| Time on Market | 49.5 days | N/A |
| Gross Rental Yield Percent | 4.09% | N/A |
Home sales have soared for the month of December, doubling compared with the number of sales recorded in November, new research has reveale...
According to new documents released from the Reserve Bank of Australia, persistently low interest rates could push up property prices by as ...
The shift to online shopping and working from home will reduce demand for retail and office space, with widespread implications expected for...
Home loan applications ticked down in December, following a record high November, new data has revealed. ...
Brisbane’s inner-city rental market has made a comeback with a 3.3 per cent vacancy rate, solidifying an upward trend for the Queensland m...
Brisbane, Adelaide and Perth are tipped to experience the strongest price growth this year, as 19 per cent of existing investors explore ne...
Get notifications in real-time for staying up to date with content that matters to you.
