Powered by MOMENTUM MEDIA
AREA REPORTS

Old Bar

Suburb Profile

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

house
unit

Property investors have seen a 2.33% 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 $493,750

Profits averaged 3.69% 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 $400 based on current median home prices for the suburb.

The gross rental yield in OLD BAR, 2430 is 4.21%.

An average of 8.67 real estate transactions take place per month in OLD BAR which translates to 104 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $493,750 $360,750
GROWTH REPORT
Median Quarterly 2.33% 3.52%
Median 12 month 0.36% 8.82%
Median 3 years 11.08% 23.33%
Median 5 years 42.29% 68.57%
10 years average annual 4.83% 5.07%
Weekly media advert. rent $400 $317.5
Time on Market 121.1 days 118.4 days
Gross Rental Yield Percent 4.21% 4.58%
demographics (median values)
Total Population
4095
Weekly Household Income
657.3
Household Size
2.40
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Melbourne

How will the latest lockdowns impact Melbourne’s property market?

Melbourne’s property market is currently experiencing the largest decline out of Australia’s capitals with fears new lockdown laws could...

rental price

October blowout predicted for Perth rentals

In good news for Perth investors, experts are predicting a “major blowout” for rent prices in the capital city once the ban on rental in...

Perth

Property market update: Perth, June 2020

As Australia recovers from the effect of the COVID-19 outbreak, prices and sales are expected to rebound across property markets. How will P...

RBA

RBA reveals July cash call

The Reserve Bank of Australia has announced its decision on the official cash rate for July amid speculation the central bank has reached th...

Regional town remains resilient

Regional town remains resilient despite COVID-19

Despite falling prices in many of Australia’s capital cities, a regional area is showing signs of growth, an industry expert has said. ...

REIA supports NSW tax reform

REIA supports NSW tax reform

A proposal by the NSW government, which could see a major overhaul of the tax system, has been welcomed by industry experts. ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.