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Byron Bay
AREA REPORTS

Byron Bay

Byron Bay - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2481

house
unit
BYRON BAY ranks 125th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

Also in BYRON BAY, the median home price is sitting at $2,350,000, and the average rent at $900, this suggests property owners could potentially earn a 1.99% increase in gross rental yield.

Property investors have seen a 9.3% gain in BYRON BAY based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 13.6% growth over a ten-year period. It ranks 3300th on our list of suburbs that property investors should look into.

Data report can be found below

Byron Bay
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,350,000 $760,000
GROWTH REPORT
Median Quarterly 9.3% 1.33%
Median 12 month N/A -3.49%
Median 3 years 62.07% -3.49%
Median 5 years 131.53% 28.6%
10 years average annual 13.6% 4.99%
Weekly media advert. rent $900 $620
Time on Market 96.2 days 88.2 days
Gross Rental Yield Percent 1.99% 4.24%
demographics (median values)*
Total Population
11769
Weekly Household Income
1319
Household Size
2.40
Age
43
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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