AREA REPORTS

Lake Munmorah

 

 

NSW/
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 $516,000

Profits averaged 11.05% 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 $417.5 based on current median home prices for the suburb.

The gross rental yield in LAKE MUNMORAH, 2259 is 4.21%.

An average of 10.75 real estate transactions take place per month in LAKE MUNMORAH which translates to 129 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $516,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 6.39% N/A
Median 3 years 33.16% N/A
Median 5 years 61.25% N/A
10 years average annual 7.43% N/A
Weekly media advert. rent $417.5 N/A
Time on Market 70.0 days N/A
Gross Rental Yield Percent 4.21% N/A
demographics (median values)
Total Population
4447
Weekly Household Income
753.4
Household Size
2.50
demographics
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