AREA REPORTS

Caves Beach

NSW/
Caves beach

Suburb Profile

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

house

Property investors have seen a 1.59% gain in CAVES BEACH based on an increase 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 $800,000

Profits averaged 11.11% 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 $500 based on current median home prices for the suburb.

The gross rental yield in CAVES BEACH, 2281 is 3.25%.

An average of 5.58 real estate transactions take place per month in CAVES BEACH which translates to 67 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $800,000 N/A
GROWTH REPORT
Median Quarterly 1.59% N/A
Median 12 month 8.47% N/A
Median 3 years 33.33% N/A
Median 5 years 68.42% N/A
10 years average annual 5.89% N/A
Weekly media advert. rent $500 N/A
Time on Market 71.8 days N/A
Gross Rental Yield Percent 3.25% N/A
demographics (median values)
Total Population
4138
Weekly Household Income
985.6
Household Size
2.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Airbnb application

Fresh tax crackdown captures short-term rental platforms

The Treasury has announced a consultation period on how tax is collected for various sharing economy services, which includes Airbnb, over c...

Bill Shorten

Negative gearing proposal cops more backlash following Shorten’s comments

The head of a property industry body has responded to comments made by Opposition leader Bill Shorten that Labor’s negative gearing policy...

Darwin Australia

Unpopular capital city set for strong 2019

Property in a previously unpopular capital city is showing signals indicating stronger growth, with one real estate network seeing private i...

For rent signage

Is rentvesting the right choice to get on the property ladder?

Rentvesting, as the phenomenon is known, is the act of buying an investment property while you rent your current residence. This may be the ...

Two houses

Buying a home vs buying an investment property, according to a property valuer

Property valuer, investment adviser, market commentator and author Anna Porter identifies several drivers that differentiate a home purchase...

Renovation

‘Sexy’ reno options for cashed-up tenants

Renters's expectations evolve over time, and renovations for an investment property should work to create a higher asking price from potenti...