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AREA REPORTS

Scotts Head

Suburb Profile

Scotts Head - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2447

house

Property investments in SCOTTS HEAD fare well against the rest of the country last year, registering a median home price increase of 12.27%.

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 SCOTTS HEAD, 2447 saw average growth in the long term.

Real estate investors could earn a rental income of $750 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 84.1 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 $617,500.

SCOTTS HEAD ranks 45th on the list of best yielding suburbs for rental properties in NSW, posting a 6.32% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $617,500 N/A
GROWTH REPORT
Median Quarterly -1.2% N/A
Median 12 month 12.27% N/A
Median 3 years 56.93% N/A
Median 5 years 90% N/A
10 years average annual 6.45% N/A
Weekly media advert. rent $750 N/A
Time on Market 84.1 days N/A
Gross Rental Yield Percent 6.32% N/A
demographics (median values)
Total Population
791
Weekly Household Income
599.3
Household Size
2.20
demographics
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