Ellalong

POSTAL CODE: NSW, 2325

HOUSE

Property investors enjoyed capital gains of 12.12% over the last 12 months in ELLALONG, translating to higher 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 7.38% growth over a ten-year period. It ranks 1743rd on our list of suburbs that property investors should look into.

ELLALONG, 2325 has a capital gain of 12.12% for the past year, which is higher than average compared to its 47.18% growth within a five-year period.

With the median home price in ELLALONG sitting at $809,500, and the average rent at $600, property owners could potentially earn a 3.85% increase in gross rental yield.

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

ELLALONG, 2325 in NSW belongs to the local government area of Cessnock.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$809,500	N/A
Growth Report
Median Quarterly	-1.28%	N/A
Median 12 month	12.12%	N/A
Median 3 years	30.88%	N/A
Median 5 years	47.18%	N/A
10 years average annual	7.38%	N/A
Weekly media advert. rent	$600	N/A
Time on Market	81.9 days	N/A
Gross Rental Yield Percent	3.85%	N/A

Demographics (Median Values)*

Total Population 28460

Weekly Household Income 1105

Household Size 2.50

Average Age 39

Monthly Loan Repayment 1517

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

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