
How Does An Economist View Labor’s Housing Plans?
Saturday’s (21 May) federal election brought with it a new government, with the Albanese-led Labor party winning power...
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 20.21% growth over a ten-year period. It ranks 3166th 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 (C).
CAREY BAY, 2283 has a capital gain of 26.33% for the past year, which is higher than average compared to its 89.2% growth within a five-year period.
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.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $832,500 | N/A |
GROWTH REPORT | ||
Median Quarterly | 6.73% | N/A |
Median 12 month | 26.33% | N/A |
Median 3 years | N/A | N/A |
Median 5 years | 89.2% | N/A |
10 years average annual | 20.21% | N/A |
Weekly media advert. rent | N/A | N/A |
Time on Market | 41.0 days | N/A |
Gross Rental Yield Percent | N/A | N/A |