Capital cities to see busiest auction week since April
With over 1,500 homes scheduled to go under the hammer, the combined capital city auction market is set to see its busiest week since early ...
The suburb’s capital gain of 10.09% for the past year is higher than average compared to its 47.77% growth within a five-year period.
Also in AVALON BEACH, the median home price is sitting at $1,921,000, and the average rent at $800, this suggests property owners could potentially earn a 2.17% increase in gross rental yield.
Property investors have seen a -2.86% drop in AVALON BEACH based on a decrease in median home prices for the past three months.
They believe that homeowners and real estate investors betting on AVALON BEACH, 2107 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 10.09%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.92% growth over a ten-year period. It ranks 508th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,921,000 | $800,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.86% | 0.63% |
| Median 12 month | 10.09% | -2.14% |
| Median 3 years | 15.72% | 3.9% |
| Median 5 years | 47.77% | 25% |
| 10 years average annual | 6.92% | 5.7% |
| Weekly media advert. rent | $800 | $550 |
| Time on Market | 65.0 days | 97.1 days |
| Gross Rental Yield Percent | 2.17% | 3.58% |
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