NSW/
Salamander bay

Suburb Profile

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

house
unit

Property investors have seen a 1.53% 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 $599,000

Profits averaged 6.6% 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 3.91%.

An average of 10.08 real estate transactions take place per month in SALAMANDER BAY which translates to 121 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $599,000 $392,000
GROWTH REPORT
Median Quarterly 1.53% 4.81%
Median 12 month 4.17% 13.79%
Median 3 years 19.8% 26.45%
Median 5 years 45.21% 49.62%
10 years average annual 3.53% 4.79%
Weekly media advert. rent $450 $390
Time on Market 67.6 days 64.1 days
Gross Rental Yield Percent 3.91% 5.17%
demographics (median values)
Total Population
4183
Weekly Household Income
739.8
Household Size
2.40
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