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 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