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Fishing PointFishing Point - SUBURB PROFILE REPORT
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FISHING POINT, 2283 ranks 464th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 18.88% for property investors.
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 $850,000.
The upward trend in home prices in FISHING POINT, 2283 averaged 4.19% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in FISHING POINT.
An average of 2.25 real estate transactions take place per month in FISHING POINT which translates to 27 per annum.
27 properties were sold in FISHING POINT in 2016, making it the 753rd most active market in NSW based on total real estate transactions.
FISHING POINT, 2283 places 97th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $850,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 10.75% | N/A |
| Median 12 month | 18.88% | N/A |
| Median 3 years | 12.58% | N/A |
| Median 5 years | 47.19% | N/A |
| 10 years average annual | 6.56% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 57.7 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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