Suburb Profile
Sawtell - FREE SUBURB PROFILE REPORT POSTAL CODE: NSW,2452
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $629,000.
The upward trend in home prices in SAWTELL, 2452 averaged 10.35% per annum over a 3-year period.
Average weekly rents on listings have reached the $440 mark, reflecting a 3.64% increase in returns based on the current median price in SAWTELL.
An average of 4.25 real estate transactions take place per month in SAWTELL which translates to 51 per annum.
51 properties were sold in SAWTELL in 2016, making it the 364th most active market in NSW based on total real estate transactions.
SAWTELL, 2452 places 642nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $629,000 | $375,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.45% | 1.35% |
| Median 12 month | 10.35% | 4.09% |
| Median 3 years | 31.04% | 38.89% |
| Median 5 years | 36.74% | 19.16% |
| 10 years average annual | 4.82% | 4.33% |
| Weekly media advert. rent | $440 | $320 |
| Time on Market | 82.8 days | 53.9 days |
| Gross Rental Yield Percent | 3.64% | 4.44% |
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Nice blog .. love to read
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in one word, i say REAL ESTATE SUCCESS