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Summerland Point

Suburb Profile

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

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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 10.15%.

A steady increase in median property prices over a five-year period in the suburb translates to a -0.67% capital gain.

Property investors in SUMMERLAND POINT enjoyed capital gains of 10.15% 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 $556,250.

Profits due to an downward trend in home prices there averaged -0.22% per annum over a 3-year period.

Home owners selling their properties and realtors in SUMMERLAND POINT usually have to wait an average of 71.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $422.5 mark, reflecting a 3.95% increase in returns based on the current median price in SUMMERLAND POINT.

SUMMERLAND POINT, 2259 places 61st 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 $556,250 N/A
GROWTH REPORT
Median Quarterly 13.52% N/A
Median 12 month 10.15% N/A
Median 3 years -0.67% N/A
Median 5 years 43.36% N/A
10 years average annual 6.78% N/A
Weekly media advert. rent $422.5 N/A
Time on Market 71.0 days N/A
Gross Rental Yield Percent 3.95% N/A
demographics (median values)
Total Population
2175
Weekly Household Income
704.5
Household Size
2.40
demographics
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