The most common hidden costs in building quotes and contracts
It’s unfortunately very common to blow the budget on building projects. One of the main reasons costs blow out is that there are hidden c...
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 $767,500.
The upward trend in home prices in FISHING POINT, 2283 averaged 6.39% per annum over a 3-year period.
Average weekly rents on listings have reached the $487.5 mark, reflecting a 3.3% increase in returns based on the current median price in FISHING POINT.
An average of 2.08 real estate transactions take place per month in FISHING POINT which translates to 25 per annum.
25 properties were sold in FISHING POINT in 2016, making it the 762nd most active market in NSW based on total real estate transactions.
FISHING POINT, 2283 places 94th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $767,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 9.64% | N/A |
| Median 12 month | 9.64% | N/A |
| Median 3 years | 19.18% | N/A |
| Median 5 years | 44.81% | N/A |
| 10 years average annual | 5.93% | N/A |
| Weekly media advert. rent | $487.5 | N/A |
| Time on Market | 80.8 days | N/A |
| Gross Rental Yield Percent | 3.3% | N/A |
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