NSW/
Salamander bay

Suburb Profile

Salamander Bay - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2317

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unit

Property investors have seen a 1.95% gain in SALAMANDER BAY based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains SALAMANDER BAY, 2317 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 $627,000

Profits averaged 9.41% per annum over a 3-year period, due to an upward trend in home prices in SALAMANDER BAY, 2317.

This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

The gross rental yield in SALAMANDER BAY, 2317 is 3.73%.

An average of 8.5 real estate transactions take place per month in SALAMANDER BAY which translates to 102 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $627,000 $417,500
GROWTH REPORT
Median Quarterly 1.95% 4.38%
Median 12 month 5.38% 11.93%
Median 3 years 28.22% 34.68%
Median 5 years 56.75% 57.55%
10 years average annual 4.67% 1.59%
Weekly media advert. rent $450 $385
Time on Market 58.0 days 65.3 days
Gross Rental Yield Percent 3.73% 4.8%
demographics (median values)
Total Population
4183
Weekly Household Income
739.8
Household Size
2.40
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Salamander Bay, NSW
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