Deepwater

POSTAL CODE: NSW, 2371

HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The 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 $227,500.

The downward trend in home prices in DEEPWATER, 2371 averaged -1.4% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in DEEPWATER.

An average of 1.83 real estate transactions take place per month in DEEPWATER which translates to 22 per annum.

22 properties were sold in DEEPWATER in 2016, making it the 864th most active market in NSW based on total real estate transactions.

DEEPWATER, 2371 places 1285th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$227,500	N/A
Growth Report
Median Quarterly	-11.22%	N/A
Median 12 month	0%	N/A
Median 3 years	-4.21%	N/A
Median 5 years	40%	N/A
10 years average annual	9.75%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	116 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 1155

Weekly Household Income 725

Household Size 2.10

Average Age 55

Monthly Loan Repayment 867

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

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