AREA REPORTS

Old Bar

 

 

Suburb Profile

Old Bar - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2430

house
unit

Property investors have seen a 2.72% gain in OLD BAR based on an increase in median home prices for the past three months.

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

The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $472,500

Profits averaged 11.67% per annum over a 3-year period, due to an upward trend in home prices in OLD BAR, 2430.

This means, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.

The gross rental yield in OLD BAR, 2430 is 4.18%.

An average of 8.83 real estate transactions take place per month in OLD BAR which translates to 106 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $472,500 $326,500
GROWTH REPORT
Median Quarterly 2.72% 0%
Median 12 month 4.3% 2.03%
Median 3 years 35% 48.41%
Median 5 years 50% 38.94%
10 years average annual 3.76% 4.12%
Weekly media advert. rent $380 $310
Time on Market 66.1 days 66.0 days
Gross Rental Yield Percent 4.18% 4.94%
demographics (median values)
Total Population
4095
Weekly Household Income
657.3
Household Size
2.40
demographics
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