Powered by MOMENTUM MEDIA
AREA REPORTS

Coal Point

Suburb Profile

Coal Point - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2283

house

Property investors enjoyed capital gains of 3.72% over the last 12 months in COAL POINT, translating to lower returns compared with its peers in NSW.

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

The suburb posted a 16.85% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $490 based on current median home prices for the suburb.

On average, rents on listings have reached the $490 mark, reflecting a 3.27% increase in returns based on the current median price in COAL POINT.

COAL POINT, 2283 ranks 243rd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 851st on the list of best yielding suburbs for rental properties in NSW, posting a 3.27% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $780,000 N/A
GROWTH REPORT
Median Quarterly 3.31% N/A
Median 12 month 3.72% N/A
Median 3 years 16.85% N/A
Median 5 years 24.8% N/A
10 years average annual 5.41% N/A
Weekly media advert. rent $490 N/A
Time on Market 74.4 days N/A
Gross Rental Yield Percent 3.27% N/A
demographics (median values)
Total Population
1734
Weekly Household Income
1280
Household Size
2.60
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

Eliza Owen

What does 2020 have in store for property investors

Following a year of two halves, 2020 could be a strong one for property investors if they look at the data, an industry expert has suggested...

Auction

How did December fare for auctions?

The latest data from CoreLogic has depicted a strong finish for December when it comes to homes going under the hammer. ...

Brisbane

Year in summary: Trends and predictions for the Brisbane property market in 2020

Over the past year, Brisbane has become the “safe choice” for property investors looking to avoid the negative impacts of the declines i...

Perth

Expert advice: Perth’s property hotspots in 2020

While the 2019 calendar year was lacklustre for the Perth property market, Momentum Wealth believes that the Western Australia capital is pr...

Hobart

Tasmania pulls through for investors in promising market

Hobart has come out on top in new data analysis that also showed that nationwide, almost nine out of 10 property resales over the September ...

Rental property

Rental property rarely used as retirement income tool

Only a tiny proportion of older Australians expect property income to be their main source of income in retirement, despite these people bei...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.