AREA REPORTS

Coal Point

 

 

Suburb Profile

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

house

Property investors enjoyed capital gains of 6.21% 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 23.2% 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 $550 based on current median home prices for the suburb.

On average, rents on listings have reached the $550 mark, reflecting a 3.71% increase in returns based on the current median price in COAL POINT.

COAL POINT, 2283 ranks 568th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 445th on the list of best yielding suburbs for rental properties in NSW, posting a 3.71% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $770,000 N/A
GROWTH REPORT
Median Quarterly 4.12% N/A
Median 12 month 6.21% N/A
Median 3 years 23.2% N/A
Median 5 years 51.35% N/A
10 years average annual 4.16% N/A
Weekly media advert. rent $550 N/A
Time on Market 92.8 days N/A
Gross Rental Yield Percent 3.71% N/A
demographics (median values)
Total Population
1734
Weekly Household Income
1280
Household Size
2.60
demographics
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Tenure Type

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