The Seasonal Slowdown Is Already Over: Auctions Are Back For 2022
The property market has had an earlier than usual jumpstart in January 2022. ...
CANTON BEACH, 2263 ranks 349th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 35.97% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
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 $712,500.
The upward trend in home prices in CANTON BEACH, 2263 averaged 11.48% per annum over a 3-year period.
Average weekly rents on listings have reached the $370 mark, reflecting a 2.7% increase in returns based on the current median price in CANTON BEACH.
An average of 2.42 real estate transactions take place per month in CANTON BEACH which translates to 29 per annum.
29 properties were sold in CANTON BEACH in 2016, making it the 724th most active market in NSW based on total real estate transactions.
CANTON BEACH, 2263 places 495th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||35.97%||N/A|
|Median 3 years||34.43%||N/A|
|Median 5 years||64.74%||N/A|
|10 years average annual||12.25%||N/A|
|Weekly media advert. rent||$370||N/A|
|Time on Market||24.0 days||N/A|
|Gross Rental Yield Percent||2.7%||N/A|