Early Indicators Point To A Cooling Market
Australia’s booming property market is showing early signs of cooling as buyer enquiries drop with the conclusion of t...
Based on its average 5-year and quarterly capital gains CHAIN VALLEY BAY, 2259 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that CHAIN VALLEY BAY, 2259 obtained a 9.23% growth over a ten-year period. It ranks 23rd on our list of suburbs that property investors should look into.
CHAIN VALLEY BAY, 2259 in NSW belongs to the local government area of Central Coast (C) (NSW).
CHAIN VALLEY BAY, 2259 has a capital gain of -5.88% for the past year, which is lower than average compared to its 44.14% growth within a five-year period.
With the median home price in CHAIN VALLEY BAY sitting at $600,000, and the average rent at $415, property owners could potentially earn a 3.6% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in CHAIN VALLEY BAY are low, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-5.88%||N/A|
|Median 3 years||21.21%||N/A|
|Median 5 years||44.14%||N/A|
|10 years average annual||9.23%||N/A|
|Weekly media advert. rent||$415||N/A|
|Time on Market||70.9 days||N/A|
|Gross Rental Yield Percent||3.6%||N/A|