Fishing Point

POSTAL CODE: NSW, 2283

HOUSE

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

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,110,000.

The upward trend in home prices in FISHING POINT, 2283 averaged 8.71% per annum over a 3-year period.

Average weekly rents on listings have reached the $742.5 mark, reflecting a 3.48% increase in returns based on the current median price in FISHING POINT.

An average of 2.5 real estate transactions take place per month in FISHING POINT which translates to 30 per annum.

30 properties were sold in FISHING POINT in 2016, making it the 682nd most active market in NSW based on total real estate transactions.

FISHING POINT, 2283 places 360th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,110,000	N/A
Growth Report
Median Quarterly	4.03%	N/A
Median 12 month	9.36%	N/A
Median 3 years	26.14%	N/A
Median 5 years	30.59%	N/A
10 years average annual	7.75%	N/A
Weekly media advert. rent	$743	N/A
Time on Market	100.9 days	N/A
Gross Rental Yield Percent	3.48%	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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