Safety Beach

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 10.24%.

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 $730 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 68.7 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 $1,050,000.

SAFETY BEACH ranks 406th on the list of best yielding suburbs for rental properties in NSW, posting a 3.62% return.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,050,000	N/A
Growth Report
Median Quarterly	2.19%	N/A
Median 12 month	10.24%	N/A
Median 3 years	25%	N/A
Median 5 years	54.41%	N/A
10 years average annual	8.34%	N/A
Weekly media advert. rent	$730	N/A
Time on Market	68.7 days	N/A
Gross Rental Yield Percent	3.62%	N/A

Demographics (Median Values)*

Total Population 14749

Weekly Household Income 1111

Household Size 2.50

Average 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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