Auburn, 2144 ranked 1268th in NSW when comparing growth in median property values or capital gain over the last 12 months. Auburn is one of 3163 in our list for NSW
Over the longer term, Auburn has seen property prices show investors a 41.44% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -6.99% to buyers in Auburn at the moment, which is less than average for the rest of NSW.
Property investors should expect to get $500 weekly from the median priced house in this suburb.
Property investors who have had real estate in Auburn, 2144 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.69%
Over the longer term, Auburn has seen property prices show investors a 42.11% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Auburn are currently offering property investors an average price cut of -5.91% below the asking price at the moment.
Advertised rents are around the $440 mark per week – giving a return of 4.24% based on the median price in Suburb
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.