Markets In A ‘sound’ State Despite Shift: PIPA
The winds of change are sweeping through the country’s real estate market, but for Property Investment Professionals o...
NORTH CURL CURL, 2099 ranks 421st on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 39.4% 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 $3,467,500.
The upward trend in home prices in NORTH CURL CURL, 2099 averaged 19.44% per annum over a 3-year period.
Average weekly rents on listings have reached the $1220 mark, reflecting a 1.83% increase in returns based on the current median price in NORTH CURL CURL.
An average of 4.58 real estate transactions take place per month in NORTH CURL CURL which translates to 55 per annum.
55 properties were sold in NORTH CURL CURL in 2016, making it the 361st most active market in NSW based on total real estate transactions.
NORTH CURL CURL, 2099 places 788th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||39.4%||N/A|
|Median 3 years||58.33%||N/A|
|Median 5 years||63.18%||N/A|
|10 years average annual||12.71%||N/A|
|Weekly media advert. rent||$1220||$550|
|Time on Market||31.5 days||0.0 days|
|Gross Rental Yield Percent||1.83%||1.88%|