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Cundletown
AREA REPORTS

Cundletown

Cundletown - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2430

house

Property investments in CUNDLETOWN did not fare well against the rest of the country last year, registering a median home price decrease of 9.79%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains CUNDLETOWN, 2430 saw average growth in the long term.

Real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 52.1 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $402,500.

CUNDLETOWN ranks 104th on the list of best yielding suburbs for rental properties in NSW, posting a 5.17% return.

Data report can be found below

Cundletown
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $402,500 N/A
GROWTH REPORT
Median Quarterly 8.2% N/A
Median 12 month 9.79% N/A
Median 3 years 18.47% N/A
Median 5 years 50.47% N/A
10 years average annual 5.69% N/A
Weekly media advert. rent $400 N/A
Time on Market 52.1 days N/A
Gross Rental Yield Percent 5.17% N/A
demographics (median values)*
Total Population
34018
Weekly Household Income
913
Household Size
2.30
Age
48
Monthly Loan Repayment
1309
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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