Suburb Profile
Marmong Point - FREE SUBURB PROFILE REPORT POSTAL CODE: NSW,2284
Property investors have seen a 10.12% gain in MARMONG POINT based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on MARMONG POINT, 2284 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 24.1%.
Based on its average 5-year and quarterly capital gains MARMONG POINT, 2284 saw average growth in the long term.
The NSW 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 $620,500
Profits averaged 10.56% per annum over a 3-year period, due to an upward trend in home prices in MARMONG POINT, 2284.
This means, real estate investors could earn a rental income of $470 based on current median home prices for the suburb.
The gross rental yield in MARMONG POINT, 2284 is 3.94%.
An average of 0.92 real estate transactions take place per month in MARMONG POINT which translates to 11 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $620,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 10.12% | N/A |
| Median 12 month | 24.1% | N/A |
| Median 3 years | 31.67% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 10.91% | N/A |
| Weekly media advert. rent | $470 | N/A |
| Time on Market | 32.4 days | N/A |
| Gross Rental Yield Percent | 3.94% | N/A |
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