NSW/
North willoughby

Suburb Profile

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

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unit

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

Average median house prices in NSW have risen as a whole, pulling NORTH WILLOUGHBY, 2068 values up and netting property investors a capital gain of 0.16% for the past year.

Investors saw the median home price rise to $2,504,000.

Profits due to an upward trend in home prices in the suburb averaged 10.6% per annum over a 3-year period.

NORTH WILLOUGHBY now ranks at the 311th 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 $1040 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 63.0 days.

In 2016, 44 properties were sold in NORTH WILLOUGHBY during the past year, making it the 434th most active market in NSW based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,504,000 $871,510
GROWTH REPORT
Median Quarterly 2.94% 3.44%
Median 12 month 0.16% 7.59%
Median 3 years 31.79% 25.4%
Median 5 years 85.48% 30.08%
10 years average annual 7.96% 6.1%
Weekly media advert. rent $1040 $580
Time on Market 63.0 days 0.0 days
Gross Rental Yield Percent 2.16% 3.46%
demographics (median values)
Total Population
3852
Weekly Household Income
1460
Household Size
2.60
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North Willoughby, NSW
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