AREA REPORTS

Mount Druitt

 

 

NSW/
Mount druitt

Suburb Profile

Mount Druitt - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2770

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 6.97% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $660,000

The augmented property values in the suburb are trailing behind the territorial average of 0.59% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $420.

Home owners selling their properties and realtors in MOUNT DRUITT usually have to wait an average of 74.8 days days before their assets are lifted off the market.

The NSW suburb ranks 762nd on the list of best yielding suburbs for rental properties in NSW, posting a 3.31% return.

It also places places 819th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $660,000 $416,000
GROWTH REPORT
Median Quarterly -2.22% -1.19%
Median 12 month -6.18% -3.26%
Median 3 years 6.97% 8.05%
Median 5 years 60.98% 52.1%
10 years average annual 8.44% 7.23%
Weekly media advert. rent $420 $360
Time on Market 74.8 days 56.9 days
Gross Rental Yield Percent 3.31% 4.5%
demographics (median values)
Total Population
13579
Weekly Household Income
862.4
Household Size
2.90
demographics
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