AREA REPORTS

Summerland Point

Suburb Profile

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

house

Homeowners and real estate investors betting on SUMMERLAND POINT, 2259 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 15.35%.

A steady increase in median property prices over a five-year period in the suburb translates to a 44.27% capital gain.

Property investors in SUMMERLAND POINT enjoyed capital gains of 15.35% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $582,500.

Profits due to an upward trend in home prices there averaged 14.76% per annum over a 3-year period.

Home owners selling their properties and realtors in SUMMERLAND POINT usually have to wait an average of 71.7 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $410 mark, reflecting a 3.66% increase in returns based on the current median price in SUMMERLAND POINT.

SUMMERLAND POINT, 2259 places 587th 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 $582,500 N/A
GROWTH REPORT
Median Quarterly 0.43% N/A
Median 12 month 15.35% N/A
Median 3 years 44.27% N/A
Median 5 years 76.52% N/A
10 years average annual 7.43% N/A
Weekly media advert. rent $410 N/A
Time on Market 71.7 days N/A
Gross Rental Yield Percent 3.66% N/A
demographics (median values)
Total Population
2175
Weekly Household Income
704.5
Household Size
2.40
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Doorway

New breed of ‘accidental’ investors tipped to rise in 2019

Fresh data has found one in five investors kickstarted their investment journeys by accident, and this number looks to be on the rise. ...

Magnifying glass on newspaper

5 obscure suburb hotspots for under $500k

New analysis has revealed five property hotspots located around Australia's southern and eastern states for under $500,000. ...

Arrow up

Capital city vacancy rates see summer spike

New research has found that the national vacancy rate, as expected, saw an increase of up to to 2.3 per cent over the month of November, wit...

For sale - sold sign

‘Pleasing’ year-end with new home sales

New home sales saw a rise during November, which has been welcomed after consecutive months of softening figures.  ...

Sydney

Sydney ‘micro-CBDs’ are today’s growth areas

As Sydney continues to witness declines in its property market after experiencing an unprecedented boom, experts believe that opportunities ...

Wood house, incentives

Big incentives for property investors under new housing package

As part of its housing affordability plans, the federal opposition has announced its plans to incentivise property investors should it come ...