AREA REPORTS

Umina Beach

NSW/
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 0.68% for the past year.

Investors saw the median home price rise to $735,000.

Profits due to an upward trend in home prices in the suburb averaged 9.72% per annum over a 3-year period.

UMINA BEACH now ranks at the 655th 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 $420 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 66.6 days.

In 2016, 341 properties were sold in UMINA BEACH during the past year, making it the 608th 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 $735,000 $587,500
GROWTH REPORT
Median Quarterly -1.28% 0.86%
Median 12 month 0.68% -2.08%
Median 3 years 29.17% 22.91%
Median 5 years 77.11% 71.03%
10 years average annual 8.43% 7.16%
Weekly media advert. rent $420 $410
Time on Market 66.6 days 90.4 days
Gross Rental Yield Percent 2.97% 3.63%
demographics (median values)
Total Population
15393
Weekly Household Income
747.8
Household Size
2.40
demographics
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