Suburb Profile
New Brighton - FREE SUBURB PROFILE REPORT POSTAL CODE: NSW,2483
Property investors have seen a 14.18% gain in NEW BRIGHTON based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains NEW BRIGHTON, 2483 saw average growth in the long term.
The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $950,000
Profits averaged 16.71% per annum over a 3-year period, due to an upward trend in home prices in NEW BRIGHTON, 2483.
This means, real estate investors could earn a rental income of $900 based on current median home prices for the suburb.
The gross rental yield in NEW BRIGHTON, 2483 is 4.93%.
An average of 1.17 real estate transactions take place per month in NEW BRIGHTON which translates to 14 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $950,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 14.18% | N/A |
| Median 12 month | 8.57% | N/A |
| Median 3 years | 50.14% | N/A |
| Median 5 years | 41.79% | N/A |
| 10 years average annual | 8.86% | N/A |
| Weekly media advert. rent | $900 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 4.93% | N/A |
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