Midyear State Of Affairs: A Closer Look At The Country’s Markets
With market conditions changing at varying degrees across the country, seven experts from Property Investment Profession...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
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.
Average weekly rents on listings have reached the $500 mark, reflecting a 1.97% increase in returns based on the current median price in AGNES BANKS.
An average of 1.25 real estate transactions take place per month in AGNES BANKS which translates to 15 per annum.
15 properties were sold in AGNES BANKS in 2016, making it the 1188th most active market in NSW based on total real estate transactions.
AGNES BANKS, 2753 places 1181st in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-13.87%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||85.92%||N/A|
|10 years average annual||23.82%||N/A|
|Weekly media advert. rent||$500||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||1.97%||N/A|