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QUEENSCLIFF, 2096 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 QUEENSCLIFF, 2096 values up and netting property investors a capital gain of 31.78% for the past year.
Investors saw the median home price rise to $3,400,000.
Profits due to an upward trend in home prices in the suburb averaged 10.72% per annum over a 3-year period.
QUEENSCLIFF now ranks at the 37th place on a list of fastest growing suburbs in the territory.
Because of this real estate investors could earn a rental income of $900 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 QUEENSCLIFF, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 13 properties were sold in QUEENSCLIFF during the past year, making it the 1210th most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $3,400,000 | $1,085,000 |
| GROWTH REPORT | ||
| Median Quarterly | 17.24% | 9.87% |
| Median 12 month | 31.78% | 10.15% |
| Median 3 years | 32.17% | -1.23% |
| Median 5 years | N/A | 27.65% |
| 10 years average annual | 22.08% | 6.6% |
| Weekly media advert. rent | $900 | $665 |
| Time on Market | 0.0 days | 39.3 days |
| Gross Rental Yield Percent | 1.38% | 3.19% |
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