Catherine Hill Bay

CATHERINE HILL BAY, 2281 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 $1,312,500.

Profits due to an downward trend in home prices in the suburb averaged -3.92% per annum over a 3-year period.

CATHERINE HILL BAY now ranks at the 1229th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $1050 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CATHERINE HILL BAY, homes and units usually stay on listing for an average of 136.4 days.

In 2016, 20 properties were sold in CATHERINE HILL BAY during the past year, making it the 911th most active market in NSW based on total real estate transactions.