The post-budget guide to commercial property investing

Silverdale

POSTAL CODE: NSW, 2752
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 15.33% capital gain.

Property investors in SILVERDALE enjoyed capital gains of 5.6% over the last 12 months translating to higher returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,320,000.

Profits due to an upward trend in home prices there averaged 5.11% per annum over a 3-year period.

Home owners selling their properties and realtors in SILVERDALE usually have to wait an average of 53.9 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $800 mark, reflecting a 3.15% increase in returns based on the current median price in SILVERDALE.

SILVERDALE, 2752 places 437th in Australia based on median property value growth during the quarter.

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