Gordon, 2072 ranked 1304th in NSW when comparing growth in median property values or capital gain over the last 12 months. Gordon is one of 3163 in our list for NSW
Across a shorter period, Gordon, 2072 has seen a median price increase of -7.72% over the last quarter.
Gordon2072 is located in NSW which offers an average discount of -6.18% to property investors. Gordon itself is showing figures that indicate -8.74% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $940 mark per week – giving a return of 2.10% based on the median price in Suburb
NSW has seen average median house prices change by 1.69% which means that Gordon, 2072 has done well for property investors by showing a capital gain of -1.34% over the last year
Taking the average capital gain, or increase in median house value, Gordon,2072 has racked up an average of -1.34% over the period. This ranks it number 1086th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Gordon 2072 should be seeing an average reduction in asking price of around -5.48% . This means that Gordon is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Gordon being $883000 and the advertised rent reaching $580 the gross rental yield for property investors calculates out to be 3.42%
Gordon, on Sydney’s upper north shore, is 15km from the CBD, and was originally settled under the name “Lane Cove” in the 1820s. It is home to many heritage-listed Federation period properties, including several Arts and Crafts and Queen Anne style houses, such as the historic Eryldene, built in 1913Full summary
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Housing supply goes up
Median house price: $2,500,000
Stock on market: 55.8%
12-month growth: 22.4%
Gordon, on Sydney’s upper north shore, is 15km from the CBD, and was originally settled under the name “Lane Cove” in the 1820s. It is home to many heritage-listed Federation period properties, including several Arts and Crafts and Queen Anne style houses, such as the historic Eryldene, built in 1913.
The median house price is currently $2.5m, up 5.0% over the past three months, and 22.4% since this time last year. Owners who bought their homes five years ago have doubled their investment, with prices having increased 100% since 2012.
The median unit price is $878,000, down from $918,000 at this time last year. Units in Gordon spend an average of 57 days on the market, and the number of units for sale has more than doubled in the past twelve months, with 48 units listed this year, compared to just 22 last year. he number of houses on the market has remained fairly steady. The median advertised rent for units is $650 per week, and houses rent for an average of $1150 per week. For investors, units are proving to be the better choice, with a rental yield of 3.85%, compared to 2.39% for houses.Close