AREA REPORTS

Copacabana

Suburb Profile

Copacabana - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2251

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

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 $930,000.

The upward trend in home prices in COPACABANA, 2251 averaged 13.64% per annum over a 3-year period.

Average weekly rents on listings have reached the $550 mark, reflecting a 3.08% increase in returns based on the current median price in COPACABANA.

An average of 5.58 real estate transactions take place per month in COPACABANA which translates to 67 per annum.

67 properties were sold in COPACABANA in 2016, making it the 205th most active market in NSW based on total real estate transactions.

COPACABANA, 2251 places 568th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $930,000 N/A
GROWTH REPORT
Median Quarterly 0.54% N/A
Median 12 month 4.2% N/A
Median 3 years 40.91% N/A
Median 5 years 57.63% N/A
10 years average annual 4.69% N/A
Weekly media advert. rent $550 N/A
Time on Market 61.2 days N/A
Gross Rental Yield Percent 3.08% N/A
demographics (median values)
Total Population
2672
Weekly Household Income
1164
Household Size
2.80
demographics
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