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AREA REPORTS

Avalon

Suburb Profile

Avalon - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2107

house
unit

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 $1,730,000.

The upward trend in home prices in AVALON, 2107 averaged 4.23% per annum over a 3-year period.

Average weekly rents on listings have reached the $900 mark, reflecting a 2.71% increase in returns based on the current median price in AVALON.

An average of 11.25 real estate transactions take place per month in AVALON which translates to 135 per annum.

135 properties were sold in AVALON in 2016, making it the 1104th most active market in NSW based on total real estate transactions.

AVALON, 2107 places 606th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,730,000 $810,000
GROWTH REPORT
Median Quarterly -1.14% 2.53%
Median 12 month -5.05% -4.71%
Median 3 years 12.7% 19.12%
Median 5 years 41.8% 50%
10 years average annual 6.88% 6.35%
Weekly media advert. rent $900 $580
Time on Market 70.0 days 129.1 days
Gross Rental Yield Percent 2.71% 3.72%
demographics (median values)
Total Population
10686
Weekly Household Income
1484
Household Size
2.70
demographics
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