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Ropes Crossing
AREA REPORTS

Ropes Crossing

Ropes Crossing - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2760

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unit

Based on its average 5-year and quarterly capital gains ROPES CROSSING, 2760 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that ROPES CROSSING, 2760 obtained a 5.57% growth over a ten-year period. It ranks 1462nd on our list of suburbs that property investors should look into.

ROPES CROSSING, 2760 in NSW belongs to the local government area of Blacktown (C).

ROPES CROSSING, 2760 has a capital gain of 10.18% for the past year, which is higher than average compared to its 13.98% growth within a five-year period.

With the median home price in ROPES CROSSING sitting at $701,000, and the average rent at $500, property owners could potentially earn a 3.71% increase in gross rental yield.

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

Data report can be found below

Ropes Crossing
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $701,000 $435,000
GROWTH REPORT
Median Quarterly 0.86% 0%
Median 12 month 10.18% -16.79%
Median 3 years 1.59% -19.44%
Median 5 years 13.98% -20.91%
10 years average annual 5.57% -0.66%
Weekly media advert. rent $500 $420
Time on Market 32.9 days 113.5 days
Gross Rental Yield Percent 3.71% 5.02%
demographics (median values)*
Total Population
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Weekly Household Income
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Household Size
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Age
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Monthly Loan Repayment
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* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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