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Phegans Bay
AREA REPORTS

Phegans Bay

Phegans Bay - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2256

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A 49.32% increase in median property prices in PHEGANS BAY, 2256 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 37th.

A steady increase in median property prices over a five-year period in the suburb translates to a 52.45% capital gain.

It 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 $1,090,000

The augmented property values in the suburb are trailing above the territorial average of 14.76% in 2016.

Home owners selling their properties and realtors in PHEGANS BAY usually have to wait an average of 58.5 days days before their assets are lifted off the market.

The NSW suburb ranks 1541st on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.

Data report can be found below

Phegans Bay
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,090,000 N/A
GROWTH REPORT
Median Quarterly N/A N/A
Median 12 month 49.32% N/A
Median 3 years 52.45% N/A
Median 5 years 74.4% N/A
10 years average annual 16.68% N/A
Weekly media advert. rent N/A N/A
Time on Market 58.5 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
15598
Weekly Household Income
1067
Household Size
2.20
Age
48
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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