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AREA REPORTS

Salamander Bay

Suburb Profile

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

house
unit

Property investors have seen a -2.17% drop in SALAMANDER BAY based on a decrease 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 stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $675,000

Profits averaged 4.64% 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 $460 based on current median home prices for the suburb.

The gross rental yield in SALAMANDER BAY, 2317 is 3.54%.

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

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $675,000 $415,000
GROWTH REPORT
Median Quarterly -2.17% -2.35%
Median 12 month -3.5% 5.06%
Median 3 years 13.92% 11.71%
Median 5 years 39.18% 33.87%
10 years average annual 5.79% 2.82%
Weekly media advert. rent $460 $395
Time on Market 91.8 days 107.2 days
Gross Rental Yield Percent 3.54% 4.95%
demographics (median values)
Total Population
4183
Weekly Household Income
739.8
Household Size
2.40
demographics
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