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Londonderry
AREA REPORTS

Londonderry

Londonderry - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2753

house

Property investments in LONDONDERRY did not fare well against the rest of the country last year, registering a median home price decrease of 0.2%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains LONDONDERRY, 2753 saw average growth in the long term.

Real estate investors could earn a rental income of $550 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 57.5 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,267,500.

LONDONDERRY ranks 1027th on the list of best yielding suburbs for rental properties in NSW, posting a 2.26% return.

Data report can be found below

Londonderry
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,267,500 N/A
GROWTH REPORT
Median Quarterly -0.59% N/A
Median 12 month 0.2% N/A
Median 3 years -6.97% N/A
Median 5 years 29.34% N/A
10 years average annual 7.65% N/A
Weekly media advert. rent $550 N/A
Time on Market 57.5 days N/A
Gross Rental Yield Percent 2.26% N/A
demographics (median values)*
Total Population
17134
Weekly Household Income
1511
Household Size
2.70
Age
39
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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