How Much is My Home Worth in Sydenham?
The median price for a house in Sydenham is $595,000 as of February 5, 2020. A median-priced unit is $430,000. There have been 91 homes and 50 units sold this year. The annual capital growth for homes is 5.63% and units is 4.83%. The 12-month capital growth is -7.61% on houses and 1.79% for units. The DSR rating has homes as above average and units or apartments at good. This translates to there being more demand than supply for units. Vendors are usually getting the price they are asking for. As an investment expect the capital growth to trend ahead of the national average.
House prices and rent returns in Sydenham.
- 3 bedroom home $577,000 Rent per week $380
- 4 bedroom home $625,000 Rent per week $425
Unit prices and rent returns in Sydenham.
- 2 bedroom unit $415,000 Rent per week $335
- 3 bedroom unit $438,000 Rent per week $370
The gross rental yield for houses is 3.57% and for units, it is 4.44%. It takes 70 days to sell a house and a unit in Sydenham.
Free Real Estate Appraisal Sydenham Vic
Selling your home in Sydenham? We have free real estate appraisals on homes, units and land. Our appraisers carefully arrive at a price that is determined by the property’s location to schools, shops, amenities and public transport. Also factored into our appraisal are the size of the property and current sales history. We will walk you through how we arrive at our price.
Rental Appraisal Sydenham
Do you want to rent your investment property? Or, do you want to lease out your existing home? Appraising the potential rent return on a home varies marginally from a house appraisal that is for sale. The difference being the landlord owns the property and has an investment in the type of tenant that holds the lease. We carefully screen each tenant and make it clear there is a level of care that must be maintained. Our property management team currently manages over 3500 properties.
Property Valuation Sydenham
Did you know there is a difference between a property valuation and an appraisal? If, for legal reasons you require a valuation then you have to engage the services of a registered valuer. This service will come with a fee. An appraisal can be performed by any licensed real estate agent.
Sydenham Traffic Profile
Recent Sold Homes in Sydenham
View our list of recently sold homes in Sydenham VIC 3037. Our database of sales shows houses and units sold in the past year.
Lifestyle in Sydenham
Sydenham is located 25 kilometres from the central business district of Melbourne in the north west. The Melton Highway runs through the middle and on the east is the Watergardens train station. Neighbouring suburbs include Taylors Lakes, Hillside and Calder Park. The nearest shopping complex is Watergardens Town Centre shopping mall.
Schools in Sydenham
There are 3 schools in Sydenham.
- Emmaus Catholic School Co-educational
- Copperfield College Co-educational
- Catholic Regional College Co-educational