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AREA REPORTS

Summerland Point

Suburb Profile

Summerland Point - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2259

house

A steady increase in median property prices over a five-year period in the suburb translates to a 5.15% capital gain.

The 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 $510,000.

Profits due to an upward trend in home prices there averaged 1.72% per annum over a 3-year period.

Home owners selling their properties and realtors in SUMMERLAND POINT usually have to wait an average of 88.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $410 mark, reflecting a 4.18% increase in returns based on the current median price in SUMMERLAND POINT.

SUMMERLAND POINT, 2259 places 317th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $510,000 N/A
GROWTH REPORT
Median Quarterly 3.55% N/A
Median 12 month -6.76% N/A
Median 3 years 5.15% N/A
Median 5 years 25.93% N/A
10 years average annual 6.07% N/A
Weekly media advert. rent $410 N/A
Time on Market 88.2 days N/A
Gross Rental Yield Percent 4.18% N/A
demographics (median values)
Total Population
2175
Weekly Household Income
704.5
Household Size
2.40
demographics
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