Auburn is in the bottom 20% in NSW when comparing median price capital growth over the last year. Auburn gave property investors a dismal capital gain figure when compared to the rest of the state, with 0.05%.
Comparing Auburn,2144 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Auburn, 2144 is offering NSW ‘s 212th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
At number 1392th in the list of Australian suburbs ordered by increase in median house value over the last year, Auburn, 2144 is in the BOTTOM 20% with a property value increase of -4.60% recorded in median house prices.
The five-year average increase in median property values for Auburn,2144 has given property investors a potential capital gain of 73.50% across each of those five years.
Auburn, 2144 is offering NSW ‘s 61th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
The NSW suburb of Auburn, 2144 is in the Auburn local government area.
After a stretch of outstanding growth there are signs that owners may be looking to leave the market in Auburn.Full summary
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After a stretch of outstanding growth there are signs that owners may be looking to leave the market in Auburn.
According to the latest figures from Real Estate Investar, the level of stock on market has increased 45% in the past 12 months, with the increase being spread across both houses and units.
Those who are selling are likely to make a decent profit, with the median house price currently at $900,000 after growing 86% in the last five years.
Unit prices have also been performing well, with a median price of $520,000, after 60% growth over the last five years. Close
While there is a definite increase in the number of vendors in Auburn, it’s unlikely they’ll see a quick sale.
Houses in the Western Sydney suburb are currently taking 75 days to sell, while units are spending 56 days on the market.