Powered by MOMENTUM MEDIA
Avoca Beach
AREA REPORTS

Avoca Beach

Avoca Beach - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2251

house
unit

Property investments in AVOCA BEACH fare well against the rest of the country last year, registering a median home price increase of 34.33%.

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 AVOCA BEACH, 2251 saw average growth in the long term.

Real estate investors could earn a rental income of $780 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 28.3 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 $1,350,000.

AVOCA BEACH ranks 671st on the list of best yielding suburbs for rental properties in NSW, posting a 3% return.

Data report can be found below

Avoca Beach
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,350,000 $1,006,250
GROWTH REPORT
Median Quarterly 8.65% 7.33%
Median 12 month 34.33% 16.67%
Median 3 years 42.11% 31.97%
Median 5 years 70.89% 44.78%
10 years average annual 8.99% 5.77%
Weekly media advert. rent $780 $600
Time on Market 28.3 days 53.0 days
Gross Rental Yield Percent 3% 3.1%
demographics (median values)*
Total Population
32702
Weekly Household Income
1397
Household Size
2.60
Age
44
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.