Marks Point

POSTAL CODE: NSW, 2280

HOUSE

UNIT

Property investments in MARKS POINT did not fare well against the rest of the country last year, registering a median home price decrease of 9.24%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains MARKS POINT, 2280 saw average growth in the long term.

Real estate investors could earn a rental income of $600 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 103.9 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $975,000.

MARKS POINT ranks 576th on the list of best yielding suburbs for rental properties in NSW, posting a 3.2% return.

Based on its average 5-year and quarterly capital gains MARKS POINT, 2280 saw average growth in the long term.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Profits due to an upward trend in home prices in MARKS POINT, 2280 averaged 0% per annum over a 3-year period.

Average weekly rents on listings have reached the $547.5 mark, reflecting a 4.43% increase in returns based on the current median price in MARKS POINT.

An average of 1.17 real estate transactions take place per month in MARKS POINT which translates to 14 per annum.

14 properties were sold in MARKS POINT during the past year, making it the 511th most active market in NSW based on total real estate transactions.

MARKS POINT, 2280 places 250th in Australia based on median property value growth during the quarter.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$975,000	$642,500
Growth Report
Median Quarterly	4%	1.98%
Median 12 month	9.24%	0.39%
Median 3 years	-15.22%	0%
Median 5 years	52.94%	0%
10 years average annual	9.92%	-0.07%
Weekly media advert. rent	$600	$548
Time on Market	103.9 days	28.7 days
Gross Rental Yield Percent	3.2%	4.43%

Demographics (Median Values)*

Total Population 26678

Weekly Household Income 1327

Household Size 2.50

Average Age 44

Monthly Loan Repayment 1842

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type