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Cabarita

Suburb Profile

Cabarita - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2137

house
unit

CABARITA, 2137 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 CABARITA, 2137 values up and netting property investors a capital gain of 14.52% for the past year.

Investors saw the median home price rise to $2,405,000.

Profits due to an downward trend in home prices in the suburb averaged -1.27% per annum over a 3-year period.

CABARITA now ranks at the 1159th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in CABARITA are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $1000 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 CABARITA, homes and units usually stay on listing for an average of 0.0 days.

In 2016, 20 properties were sold in CABARITA during the past year, making it the 892nd most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,405,000 $1,652,500
GROWTH REPORT
Median Quarterly -5.96% -1.64%
Median 12 month 14.52% N/A
Median 3 years -3.82% 21.28%
Median 5 years 18.18% 46.89%
10 years average annual 8.34% 8.67%
Weekly media advert. rent $1000 $944
Time on Market 0.0 days 128.6 days
Gross Rental Yield Percent 2.16% 2.97%
demographics (median values)
Total Population
2233
Weekly Household Income
1901
Household Size
2.90
demographics
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