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1 MIN READ4 Property Market Trends To Expect In 2022
The impacts of COVID-19 are expected to continue to sway the property market in the year ahead, even as the country’s ...
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Fishing PointFishing Point - SUBURB PROFILE REPORT
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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $757,000.
The downward trend in home prices in FISHING POINT, 2283 averaged -0.43% per annum over a 3-year period.
Average weekly rents on listings have reached the $580 mark, reflecting a 3.98% increase in returns based on the current median price in FISHING POINT.
An average of 2.75 real estate transactions take place per month in FISHING POINT which translates to 33 per annum.
33 properties were sold in FISHING POINT in 2016, making it the 640th most active market in NSW based on total real estate transactions.
FISHING POINT, 2283 places 1337th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $757,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.69% | N/A |
| Median 12 month | -1.37% | N/A |
| Median 3 years | -1.3% | N/A |
| Median 5 years | 16.46% | N/A |
| 10 years average annual | 5.16% | N/A |
| Weekly media advert. rent | $580 | N/A |
| Time on Market | 44.1 days | N/A |
| Gross Rental Yield Percent | 3.98% | N/A |
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