Based on its average 5-year and quarterly capital gains ANNA BAY, 2316 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 ANNA BAY, 2316 obtained a 3.53% growth over a ten-year period. It ranks 2140th on our list of suburbs that property investors should look into.
ANNA BAY, 2316 in NSW belongs to the local government area of Port Stephens.
ANNA BAY, 2316 has a capital gain of 11.11% for the past year, which is higher than average compared to its 39.24% growth within a five-year period.
With the median home price in ANNA BAY sitting at $550,000, and the average rent at $440, property owners could potentially earn a 4.16% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ANNA BAY are low, as opposed to average gains per annum over the past five years.
Property investors enjoyed capital gains of 9.72% over the last 12 months in ANNA BAY, translating to lower returns compared with its peers in NSW.
ANNA BAY, 2316 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 $395,000.
Profits due to an upward trend in home prices in ANNA BAY, 2316 averaged 10.19% per annum over a 3-year period.
Home owners selling their properties and realtors in ANNA BAY usually have to wait an average of 54.8 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $400 mark, reflecting a 5.27% increase in returns based on the current median price in ANNA BAY.
ANNA BAY, 2316 places 352nd in Australia based on median property value growth during the quarter.