The post-budget guide to commercial property investing

South Golden Beach

POSTAL CODE: NSW, 2483
HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The 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 $1,370,000.

The upward trend in home prices in SOUTH GOLDEN BEACH, 2483 averaged 4.41% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in SOUTH GOLDEN BEACH.

An average of 2 real estate transactions take place per month in SOUTH GOLDEN BEACH which translates to 24 per annum.

24 properties were sold in SOUTH GOLDEN BEACH in 2016, making it the 817th most active market in NSW based on total real estate transactions.

SOUTH GOLDEN BEACH, 2483 places 1037th in Australia based on median property value growth during the quarter.

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