Powered by MOMENTUM MEDIA
AREA REPORTS

Umina Beach

Suburb Profile

Umina Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2257

house
unit

UMINA BEACH, 2257 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling UMINA BEACH, 2257 values up and netting property investors a capital gain of 13.64% for the past year.

Investors saw the median home price rise to $750,000.

Profits due to an upward trend in home prices in the suburb averaged 1.63% per annum over a 3-year period.

UMINA BEACH now ranks at the 699th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $395 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In UMINA BEACH, homes and units usually stay on listing for an average of 68.5 days.

In 2016, 262 properties were sold in UMINA BEACH during the past year, making it the 743rd most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $750,000 $620,000
GROWTH REPORT
Median Quarterly 1.69% 0.81%
Median 12 month 13.64% 17.54%
Median 3 years 4.9% 3.33%
Median 5 years 33.93% 31.63%
10 years average annual 7.5% 7.28%
Weekly media advert. rent $395 $415
Time on Market 68.5 days 57.3 days
Gross Rental Yield Percent 2.74% 3.48%
demographics (median values)
Total Population
15393
Weekly Household Income
747.8
Household Size
2.40
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

5 key changes sought to drive WA property market

5 key changes sought to drive WA property market

Politicians are being urged to make real estate a key focus of elections, in a bid to create a fairer and more prosperous market. ...

office

Has COVID-19 truly killed the office?

Sophisticated investors have traditionally held a mixture of residential and commercial properties in their portfolios, but today’s COVID-...

Tax deductions you can claim on your investment property

Tax deductions you can claim on your investment property

Investment properties (or properties used for income-producing purposes) have unique tax deductions that you can use to lower the tax that y...

Apartment rents tumble off the cliff in Sydney and Melbourne

Apartment rents tumble off the cliff in Sydney and Melbourne

Apartment rents have fallen off a cliff in Sydney and Melbourne, on the back of collapsing demand among internationals students and migrants...

Shopping mall values shrink

Shopping mall values shrink considerably as COVID-19 bites

The value of directly held assets by shopping mall owner Vicinity Centres contracted by $570 million on the back of the pandemic’s hammer ...

Property sector jobs in demand as property boom arrives

Property sector jobs in demand as property boom arrives

Despite a COVID-induced economic downturn, real estate remained resilient, ultimately emerging as one of the most in-demand jobs markets in ...

Website Notifications

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