Property News You Need To Know: The Week Ending 19 September
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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 5.78% growth over a ten-year period. It ranks 1618th 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 9.09% for the past year, which is higher than average compared to its 14.29% growth within a five-year period.
With the median home price in ROPES CROSSING sitting at $720,000, and the average rent at $520, property owners could potentially earn a 3.76% 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.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.09%||0%|
|Median 3 years||4.35%||-15.74%|
|Median 5 years||14.29%||-15.35%|
|10 years average annual||5.78%||2.91%|
|Weekly media advert. rent||$520||$432.5|
|Time on Market||34.0 days||91.0 days|
|Gross Rental Yield Percent||3.76%||4.94%|