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North Willoughby

Suburb Profile

North Willoughby - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2068

house
unit

NORTH WILLOUGHBY, 2068 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $2,010,000.

Profits due to an downward trend in home prices in the suburb averaged -3.66% per annum over a 3-year period.

NORTH WILLOUGHBY now ranks at the 1178th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $955 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In NORTH WILLOUGHBY, homes and units usually stay on listing for an average of 71.5 days.

In 2016, 35 properties were sold in NORTH WILLOUGHBY during the past year, making it the 558th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,010,000 $853,000
GROWTH REPORT
Median Quarterly -14.29% 6.49%
Median 12 month -13.83% 6.49%
Median 3 years -10.98% 6.63%
Median 5 years 14.53% 21.42%
10 years average annual 6.62% 6.91%
Weekly media advert. rent $955 $560
Time on Market 71.5 days 0.0 days
Gross Rental Yield Percent 2.47% 3.41%
demographics (median values)
Total Population
3852
Weekly Household Income
1460
Household Size
2.60
demographics
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