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Buttaba
AREA REPORTS

Buttaba

Buttaba - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2283

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Property investors enjoyed capital gains of 26.73% over the last 12 months in BUTTABA, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 4.53% growth over a ten-year period. It ranks 2278th on our list of suburbs that property investors should look into.

BUTTABA, 2283 has a capital gain of 26.73% for the past year, which is higher than average compared to its 26.11% growth within a five-year period.

With the median home price in BUTTABA sitting at $640,000, and the average rent at $457.5, property owners could potentially earn a 3.72% increase in gross rental yield.

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

BUTTABA, 2283 in NSW belongs to the local government area of Lake Macquarie (C).

Data report can be found below

Buttaba
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $640,000 N/A
GROWTH REPORT
Median Quarterly 10.82% N/A
Median 12 month 26.73% N/A
Median 3 years 18.52% N/A
Median 5 years 26.11% N/A
10 years average annual 4.53% N/A
Weekly media advert. rent $457.5 N/A
Time on Market 58.7 days N/A
Gross Rental Yield Percent 3.72% N/A
demographics (median values)*
Total Population
23300
Weekly Household Income
1225
Household Size
2.50
Age
46
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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