Nulkaba

POSTAL CODE: NSW, 2325

HOUSE

NULKABA, 2325 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 $1,060,000.

Profits due to an upward trend in home prices in the suburb averaged 20.65% per annum over a 3-year period.

NULKABA now ranks at the 803rd place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of N/A based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In NULKABA, homes and units usually stay on listing for an average of 141.8 days.

In 2016, 21 properties were sold in NULKABA during the past year, making it the 876th most active market in NSW based on total real estate transactions.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,060,000	N/A
Growth Report
Median Quarterly	0.95%	N/A
Median 12 month	0%	N/A
Median 3 years	61.96%	N/A
Median 5 years	109.07%	N/A
10 years average annual	12.52%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	141.8 days	N/A
Gross Rental Yield Percent	0%	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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