‘Nearology’ Factor Pushing Double-digit Growth In These WA Suburbs
Robust activity in Western Australia’s popular suburbs has caused property prices to skyrocket, yet buyers are still w...
NORTH CURL CURL, 2099 ranks 511th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 31.32% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also 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 $3,102,500.
The upward trend in home prices in NORTH CURL CURL, 2099 averaged 10.77% per annum over a 3-year period.
Average weekly rents on listings have reached the $1250 mark, reflecting a 2.1% increase in returns based on the current median price in NORTH CURL CURL.
An average of 3.75 real estate transactions take place per month in NORTH CURL CURL which translates to 45 per annum.
45 properties were sold in NORTH CURL CURL in 2016, making it the 463rd most active market in NSW based on total real estate transactions.
NORTH CURL CURL, 2099 places 431st in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||31.32%||N/A|
|Median 3 years||32.3%||N/A|
|Median 5 years||59.1%||N/A|
|10 years average annual||10.6%||N/A|
|Weekly media advert. rent||$1250||N/A|
|Time on Market||42.7 days||N/A|
|Gross Rental Yield Percent||2.1%||N/A|