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Ramsgate
AREA REPORTS

Ramsgate

Ramsgate - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2217

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a N/A capital gain.

Property investors in RAMSGATE enjoyed capital gains of 4.41% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $1,420,000.

Home owners selling their properties and realtors in RAMSGATE usually have to wait an average of 0.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $647.5 mark, reflecting a 2.37% increase in returns based on the current median price in RAMSGATE.

RAMSGATE, 2217 places 447th in Australia based on median property value growth during the quarter.

Data report can be found below

Ramsgate
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,420,000 $700,000
GROWTH REPORT
Median Quarterly 7.41% N/A
Median 12 month 4.41% 2.19%
Median 3 years N/A -7.28%
Median 5 years 31.48% 0.72%
10 years average annual 12.07% 7.02%
Weekly media advert. rent $647.5 $485
Time on Market 0.0 days 0.0 days
Gross Rental Yield Percent 2.37% 3.6%
demographics (median values)*
Total Population
26843
Weekly Household Income
1612
Household Size
2.70
Age
35
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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