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Boomerang Beach
AREA REPORTS

Boomerang Beach

Boomerang Beach - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2428

house
unit

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

The 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 $1,112,500.

The upward trend in home prices in BOOMERANG BEACH, 2428 averaged 121.18% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in BOOMERANG BEACH.

An average of 1.33 real estate transactions take place per month in BOOMERANG BEACH which translates to 16 per annum.

16 properties were sold in BOOMERANG BEACH in 2016, making it the 1153rd most active market in NSW based on total real estate transactions.

BOOMERANG BEACH, 2428 places 231st in Australia based on median property value growth during the quarter.

Data report can be found below

Boomerang Beach
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,112,500 $545,125
GROWTH REPORT
Median Quarterly 11.25% -8.38%
Median 12 month N/A -13.13%
Median 3 years 363.54% 6.89%
Median 5 years 109.91% 48.33%
10 years average annual 37.2% 4.97%
Weekly media advert. rent N/A N/A
Time on Market 0.0 days 0.0 days
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
24009
Weekly Household Income
832
Household Size
2.10
Age
56
Monthly Loan Repayment
1400
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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