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Chittaway Point
AREA REPORTS

Chittaway Point

Chittaway Point - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2261

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A 37.76% increase in median property prices in CHITTAWAY POINT, 2261 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 30th.

A steady increase in median property prices over a five-year period in the suburb translates to a 1.94% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $917,500

The augmented property values in the suburb are trailing above the territorial average of 9.13% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $487.5.

Home owners selling their properties and realtors in CHITTAWAY POINT usually have to wait an average of 57.4 days days before their assets are lifted off the market.

The NSW suburb ranks 846th on the list of best yielding suburbs for rental properties in NSW, posting a 2.76% return.

It also places places 46th in Australia based on median property value growth during the quarter.

Data report can be found below

Chittaway Point
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $917,500 N/A
GROWTH REPORT
Median Quarterly 16.88% N/A
Median 12 month 37.76% N/A
Median 3 years 1.94% N/A
Median 5 years 31.54% N/A
10 years average annual 9.64% N/A
Weekly media advert. rent $487.5 N/A
Time on Market 57.4 days N/A
Gross Rental Yield Percent 2.76% N/A
demographics (median values)*
Total Population
52754
Weekly Household Income
1208
Household Size
2.50
Age
42
Monthly Loan Repayment
1759
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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