AREA REPORTS

Urunga

 

 

NSW/
Urunga

Suburb Profile

Urunga - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2455

house
unit

Property investors enjoyed capital gains of 18.09% over the last 12 months in URUNGA, translating to lower returns compared with its peers in NSW.

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

The suburb posted a 32.14% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

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

On average, rents on listings have reached the $380 mark, reflecting a 3.56% increase in returns based on the current median price in URUNGA.

URUNGA, 2455 ranks 118th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 595th on the list of best yielding suburbs for rental properties in NSW, posting a 3.56% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $555,000 $312,500
GROWTH REPORT
Median Quarterly 8.82% 2.46%
Median 12 month 18.09% 7.76%
Median 3 years 32.14% 21.6%
Median 5 years 57.22% 35.87%
10 years average annual 5.8% 6.77%
Weekly media advert. rent $380 $282.5
Time on Market 98.3 days 0.0 days
Gross Rental Yield Percent 3.56% 4.7%
demographics (median values)
Total Population
1919
Weekly Household Income
510.4
Household Size
2.10
demographics
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