Laurieton

POSTAL CODE: NSW, 2443

HOUSE

UNIT

Based on its average 5-year and quarterly capital gains LAURIETON, 2443 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that LAURIETON, 2443 obtained a 7.87% growth over a ten-year period. It ranks 1310th on our list of suburbs that property investors should look into.

LAURIETON, 2443 in NSW belongs to the local government area of Port Macquarie-Hastings.

LAURIETON, 2443 has a capital gain of -2.19% for the past year, which is lower than average compared to its 59.69% growth within a five-year period.

With the median home price in LAURIETON sitting at $782,500, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.

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

A steady increase in median property prices over a five-year period in LAURIETON, 2443 translates to a 26.59% capital gain.

Property investors enjoyed capital gains of 9.96% over the last 12 months in LAURIETON, translating to lower returns compared with its peers in NSW.

LAURIETON, 2443 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 $621,250.

Profits due to an upward trend in home prices in LAURIETON, 2443 averaged 8.86% per annum over a 3-year period.

Home owners selling their properties and realtors in LAURIETON usually have to wait an average of 100 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in LAURIETON.

LAURIETON, 2443 places 439th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$782,500	$621,250
Growth Report
Median Quarterly	1.62%	-1%
Median 12 month	-2.19%	9.96%
Median 3 years	-0.63%	26.59%
Median 5 years	59.69%	30.93%
10 years average annual	7.87%	6.07%
Weekly media advert. rent	N/A	N/A
Time on Market	111 days	100 days
Gross Rental Yield Percent	0%	0%

Demographics (Median Values)*

Total Population 8894

Weekly Household Income 781

Household Size 2.00

Average Age 59

Monthly Loan Repayment 1343

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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