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Mcmahons Point

NSW/
Mcmahons point

Suburb Profile

Mcmahons Point - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2060

house
unit

Based on its average 5-year and quarterly capital gains MCMAHONS POINT, 2060 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that MCMAHONS POINT, 2060 obtained a 9.97% growth over a ten-year period. It ranks 5th on our list of suburbs that property investors should look into.

MCMAHONS POINT, 2060 in NSW belongs to the local government area of North Sydney (A).

MCMAHONS POINT, 2060 has a capital gain of -21.3% for the past year, which is lower than average compared to its 83.64% growth within a five-year period.

With the median home price in MCMAHONS POINT sitting at $3,030,000, and the average rent at $1500, property owners could potentially earn a 2.57% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in MCMAHONS POINT are low, as opposed to average gains per annum over the past five years.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $3,030,000 $1,300,000
GROWTH REPORT
Median Quarterly -5.31% 1.96%
Median 12 month -21.3% 2.69%
Median 3 years 8.5% 18.18%
Median 5 years 83.64% 74.12%
10 years average annual 9.97% 8.81%
Weekly media advert. rent $1500 $650
Time on Market 0.0 days 59.9 days
Gross Rental Yield Percent 2.57% 2.6%
demographics (median values)
Total Population
2047
Weekly Household Income
1811
Household Size
1.80
demographics
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