Marmong Point

POSTAL CODE: NSW, 2284

HOUSE

Property investors have seen a -1.56% drop in MARMONG POINT based on a decrease in median home prices for the past three months.

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 $947,500

Profits averaged 0% 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 $682.5 based on current median home prices for the suburb.

The gross rental yield in MARMONG POINT, 2284 is 3.75%.

An average of 1 real estate transactions take place per month in MARMONG POINT which translates to 12 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$947,500	N/A
Growth Report
Median Quarterly	-1.56%	N/A
Median 12 month	1.34%	N/A
Median 3 years	0%	N/A
Median 5 years	0%	N/A
10 years average annual	0.55%	N/A
Weekly media advert. rent	$683	N/A
Time on Market	N/A	N/A
Gross Rental Yield Percent	3.75%	N/A

Demographics (Median Values)*

Total Population 10500

Weekly Household Income 1197

Household Size 2.50

Average Age 43

Monthly Loan Repayment 1603

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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