Boomerang Beach

POSTAL CODE: NSW, 2428

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 stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,300,000.

The upward trend in home prices in BOOMERANG BEACH, 2428 averaged 0% 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 BOOMERANG BEACH.

An average of 1.25 real estate transactions take place per month in BOOMERANG BEACH which translates to 15 per annum.

15 properties were sold in BOOMERANG BEACH in 2016, making it the 1119th most active market in NSW based on total real estate transactions.

BOOMERANG BEACH, 2428 places 1201st 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	$1,300,000	N/A
Growth Report
Median Quarterly	-3.35%	N/A
Median 12 month	0%	N/A
Median 3 years	0%	N/A
Median 5 years	52.94%	N/A
10 years average annual	14.69%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	N/A	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 24009

Weekly Household Income 832

Household Size 2.10

Average 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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