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Carramar
AREA REPORTS

Carramar

Carramar - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2163

house
unit

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

Based on its average 5-year and quarterly capital gains CARRAMAR, 2163 saw average growth in the long term.

Real estate investors could earn a rental income of $420 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 0.0 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $880,000.

CARRAMAR ranks 749th on the list of best yielding suburbs for rental properties in NSW, posting a 2.48% return.

Data report can be found below

Carramar
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $880,000 $375,000
GROWTH REPORT
Median Quarterly 3.41% -12.38%
Median 12 month N/A -15.73%
Median 3 years 20.55% 24.38%
Median 5 years 32.73% 7.14%
10 years average annual 7.61% 6.29%
Weekly media advert. rent $420 $280
Time on Market 0.0 days 71.8 days
Gross Rental Yield Percent 2.48% 3.88%
demographics (median values)*
Total Population
9590
Weekly Household Income
844
Household Size
2.80
Age
36
Monthly Loan Repayment
1690
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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