NSW/
New brighton

Suburb Profile

New Brighton - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2483

house

Property investors have seen a -2.12% drop in NEW BRIGHTON based on a decrease 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 $832,000

Profits averaged 5.19% 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 $500 based on current median home prices for the suburb.

The gross rental yield in NEW BRIGHTON, 2483 is 3.13%.

An average of 0.83 real estate transactions take place per month in NEW BRIGHTON which translates to 10 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $832,000 N/A
GROWTH REPORT
Median Quarterly -2.12% N/A
Median 12 month -4.91% N/A
Median 3 years 15.56% N/A
Median 5 years N/A N/A
10 years average annual 9.95% N/A
Weekly media advert. rent $500 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 3.13% N/A
demographics (median values)
Total Population
272
Weekly Household Income
658.8
Household Size
2.10
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