Denman

POSTAL CODE: NSW, 2328

HOUSE

DENMAN ranks 279th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 4.5% for the past year is lower than average compared to its 64.31% growth within a five-year period.

Also in DENMAN, the median home price is sitting at $580,000, and the average rent at $580, this suggests property owners could potentially earn a 5.2% increase in gross rental yield.

Property investors have seen a -0.43% drop in DENMAN based on a decrease in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.69% growth over a ten-year period. It ranks 1510th on our list of suburbs that property investors should look into.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$580,000	N/A
Growth Report
Median Quarterly	-0.43%	N/A
Median 12 month	4.5%	N/A
Median 3 years	38.1%	N/A
Median 5 years	64.31%	N/A
10 years average annual	7.69%	N/A
Weekly media advert. rent	$580	N/A
Time on Market	41.3 days	N/A
Gross Rental Yield Percent	5.2%	N/A

Demographics (Median Values)*

Total Population 2442

Weekly Household Income 1237

Household Size 2.50

Average Age 41

Monthly Loan Repayment 1733

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

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