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Safety Beach
AREA REPORTS

Safety Beach

Safety Beach - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2456

house

Property investments in SAFETY BEACH fare well against the rest of the country last year, registering a median home price increase of 17.16%.

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 SAFETY BEACH, 2456 saw average growth in the long term.

Real estate investors could earn a rental income of $580 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 36.7 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 $747,500.

SAFETY BEACH ranks 290th on the list of best yielding suburbs for rental properties in NSW, posting a 4.03% return.

Data report can be found below

Safety Beach
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $747,500 N/A
GROWTH REPORT
Median Quarterly 6.94% N/A
Median 12 month 17.16% N/A
Median 3 years 19.6% N/A
Median 5 years 54.12% N/A
10 years average annual 5.27% N/A
Weekly media advert. rent $580 N/A
Time on Market 36.7 days N/A
Gross Rental Yield Percent 4.03% N/A
demographics (median values)*
Total Population
14749
Weekly Household Income
1111
Household Size
2.50
Age
44
Monthly Loan Repayment
1586
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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