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AREA REPORTS

Lake Munmorah

Suburb Profile

Lake Munmorah - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2259

house

Property investors have seen a 0% gain in LAKE MUNMORAH based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains LAKE MUNMORAH, 2259 saw average growth in the long term.

The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $490,000

Profits averaged 14.11% per annum over a 3-year period, due to an upward trend in home prices in LAKE MUNMORAH, 2259.

This means, real estate investors could earn a rental income of $410 based on current median home prices for the suburb.

The gross rental yield in LAKE MUNMORAH, 2259 is 4.35%.

An average of 9 real estate transactions take place per month in LAKE MUNMORAH which translates to 108 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $490,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 6.99% N/A
Median 3 years 42.34% N/A
Median 5 years 60.66% N/A
10 years average annual 5.9% N/A
Weekly media advert. rent $410 N/A
Time on Market 54.1 days N/A
Gross Rental Yield Percent 4.35% N/A
demographics (median values)
Total Population
4447
Weekly Household Income
753.4
Household Size
2.50
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