Whitebridge

POSTAL CODE: NSW, 2290

HOUSE

UNIT

Property investors enjoyed capital gains of 21.39% over the last 12 months in WHITEBRIDGE, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 10.43% growth over a ten-year period. It ranks 4312th on our list of suburbs that property investors should look into.

WHITEBRIDGE, 2290 has a capital gain of 21.39% for the past year, which is higher than average compared to its 65.79% growth within a five-year period.

With the median home price in WHITEBRIDGE sitting at $1,260,000, and the average rent at $720, property owners could potentially earn a 2.97% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in WHITEBRIDGE are low, as opposed to average gains per annum over the past five years.

WHITEBRIDGE, 2290 in NSW belongs to the local government area of Lake Macquarie.

Based on its average 5-year and quarterly capital gains WHITEBRIDGE, 2290 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.62% growth over a ten-year period. It ranks 372nd on our list of suburbs that property investors should look into.

WHITEBRIDGE, 2290 in NSW belongs to the local government area of Lake Macquarie.

WHITEBRIDGE, 2290 has a capital gain of 5.26% for the past year, which is lower than average compared to its 38.46% growth within a five-year period.

With the median home price in WHITEBRIDGE sitting at $900,000, and the average rent at $800, property owners could potentially earn a 4.62% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in WHITEBRIDGE are low, as opposed to average gains per annum over the past five years.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,260,000	$900,000
Growth Report
Median Quarterly	0.8%	2.86%
Median 12 month	21.39%	5.26%
Median 3 years	14.81%	19.68%
Median 5 years	65.79%	38.46%
10 years average annual	10.43%	7.62%
Weekly media advert. rent	$720	$800
Time on Market	47.5 days	N/A
Gross Rental Yield Percent	2.97%	4.62%

Demographics (Median Values)*

Total Population 33426

Weekly Household Income 1376

Household Size 2.50

Average Age 40

Monthly Loan Repayment 1800

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

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