Austral snapshot
- Median price: $1,155,500
- Median weekly rent: $850/wk
- Population: 12,533
- Days on market: 58 days
How Austral stacks up
- Rental Yield: Moderate
- Capital Growth: Strong
- Vacancy: Average
About Austral
Austral, NSW 2179, presents a compelling opportunity for property investors, with a median price of $1,155,500. The suburb's population of 12,533 indicates a vibrant community, which can contribute to demand for rental properties. With typical days on the market being 58, investors can expect a reasonable timeframe for property transactions, making it a practical choice for both buying and renting.
The capital growth in Austral has been strong, suggesting potential for appreciation in property values over time. Additionally, while the rental vacancy rate is average, the moderate rental yield indicates a steady return on investment. This combination of factors makes Austral an attractive option for those looking to invest in the property market in New South Wales.
Frequently asked questions
What is the median price of properties in Austral?
The median price of properties in Austral is $1,155,500.
What is the typical rental yield in Austral?
The rental yield in Austral is considered moderate.
How long do properties typically stay on the market in Austral?
Properties in Austral typically stay on the market for about 58 days.
What is the population of Austral?
The population of Austral is approximately 12,533.