AREA REPORTS

Diamond Beach

NSW/
Diamond beach

Suburb Profile

Diamond Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2430

house

DIAMOND BEACH, 2430 ranks 145th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 26.03% for property investors.

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 $690,000.

The upward trend in home prices in DIAMOND BEACH, 2430 averaged 31.46% per annum over a 3-year period.

Average weekly rents on listings have reached the $455 mark, reflecting a 3.43% increase in returns based on the current median price in DIAMOND BEACH.

An average of 2.17 real estate transactions take place per month in DIAMOND BEACH which translates to 26 per annum.

26 properties were sold in DIAMOND BEACH in 2016, making it the 765th most active market in NSW based on total real estate transactions.

DIAMOND BEACH, 2430 places 8th 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 $690,000 N/A
GROWTH REPORT
Median Quarterly 24.32% N/A
Median 12 month 26.03% N/A
Median 3 years 94.37% N/A
Median 5 years 103.69% N/A
10 years average annual 11.05% N/A
Weekly media advert. rent $455 N/A
Time on Market 151.6 days N/A
Gross Rental Yield Percent 3.43% N/A
demographics (median values)
Total Population
868
Weekly Household Income
975.1
Household Size
2.80
demographics
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