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AREA REPORTS

Caves Beach

Suburb Profile

Caves Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2281

house
unit

Property investors have seen a -1.5% drop in CAVES BEACH based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains CAVES BEACH, 2281 saw average growth in the long term.

The NSW suburb 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 $820,000

Profits averaged 6.28% per annum over a 3-year period, due to an upward trend in home prices in CAVES BEACH, 2281.

This means, real estate investors could earn a rental income of $480 based on current median home prices for the suburb.

The gross rental yield in CAVES BEACH, 2281 is 3.04%.

An average of 4.5 real estate transactions take place per month in CAVES BEACH which translates to 54 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $820,000 $780,000
GROWTH REPORT
Median Quarterly -1.5% N/A
Median 12 month -2.7% N/A
Median 3 years 18.84% 38.05%
Median 5 years 41.99% 78.29%
10 years average annual 8.5% 7.11%
Weekly media advert. rent $480 $399.5
Time on Market 113.3 days 0.0 days
Gross Rental Yield Percent 3.04% 2.66%
demographics (median values)
Total Population
4138
Weekly Household Income
985.6
Household Size
2.80
demographics
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