Carey Bay

POSTAL CODE: NSW, 2283

HOUSE

Based on its average 5-year and quarterly capital gains CAREY BAY, 2283 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that CAREY BAY, 2283 obtained a 18.67% growth over a ten-year period. It ranks 3636th on our list of suburbs that property investors should look into.

CAREY BAY, 2283 in NSW belongs to the local government area of Lake Macquarie.

CAREY BAY, 2283 has a capital gain of 32.77% for the past year, which is higher than average compared to its 78.3% growth within a five-year period.

With the median home price in CAREY BAY sitting at $1,175,000, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.

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

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,175,000	N/A
Growth Report
Median Quarterly	9.81%	N/A
Median 12 month	32.77%	N/A
Median 3 years	19.9%	N/A
Median 5 years	78.3%	N/A
10 years average annual	18.67%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	N/A	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 23300

Weekly Household Income 1225

Household Size 2.50

Average 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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