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AREA REPORTS

Boomerang Beach

Boomerang Beach - SUBURB PROFILE REPORT

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 $720,000.

The upward trend in home prices in BOOMERANG BEACH, 2428 averaged 5.38% 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 2.42 real estate transactions take place per month in BOOMERANG BEACH which translates to 29 per annum.

29 properties were sold in BOOMERANG BEACH in 2016, making it the 724th most active market in NSW based on total real estate transactions.

BOOMERANG BEACH, 2428 places 34th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT	HOUSE	UNIT
Median Price	$720,000	N/A
GROWTH REPORT
Median Quarterly	12.5%	N/A
Median 12 month	4.35%	N/A
Median 3 years	16.13%	N/A
Median 5 years	18.03%	N/A
10 years average annual	19.54%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	94.5 days	N/A
Gross Rental Yield Percent	N/A	N/A

demographics (median values)*

Total Population

24009

Weekly Household Income

832

Household Size

2.10

Age

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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Top 10 Birth Countries

Dwelling Structures

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12 MONTH GROWTH

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Copacabana

47.55%
Millswood

47.18%
Modbury

46.53%
Blue Bay

46.48%
Lake Cargelligo

46.43%
Berrigan

45.98%
Newington

45.91%
Glenorie

45.02%
Flora Hill

44.42%
Bayswater

44.14%

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Boomerang Beach