The top 5 factors to watch for Sydney’s market turn
Many investors are keeping an eye on Sydney’s property market, waiting for the current softening to come to an end. According to one exper...
The suburb’s capital gain of -5.47% for the past year is lower than average compared to its -1.41% growth within a five-year period.
Also in SHENTON PARK, the median home price is sitting at $1,122,500, and the average rent at $650, this suggests property owners could potentially earn a 3.01% increase in gross rental yield.
Property investors have seen a -8.74% drop in SHENTON PARK based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.94% growth over a ten-year period. It ranks 3241st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-5.47%||49.61%|
|Median 3 years||-0.22%||52.53%|
|Median 5 years||-1.41%||31%|
|10 years average annual||1.94%||6.99%|
|Weekly media advert. rent||$650||$350|
|Time on Market||22.6 days||39.4 days|
|Gross Rental Yield Percent||3.01%||2.74%|
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