AREA REPORTS

Murwillumbah

 

 

NSW/
Murwillumbah

Suburb Profile

Murwillumbah - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2484

house
unit

Homeowners and real estate investors betting on MURWILLUMBAH, 2484 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 10.52%.

A steady increase in median property prices over a five-year period in the suburb translates to a 37.33% capital gain.

Property investors in MURWILLUMBAH enjoyed capital gains of 10.52% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $515,000.

Profits due to an upward trend in home prices there averaged 12.44% per annum over a 3-year period.

Home owners selling their properties and realtors in MURWILLUMBAH usually have to wait an average of 77.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $440 mark, reflecting a 4.44% increase in returns based on the current median price in MURWILLUMBAH.

MURWILLUMBAH, 2484 places 150th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $515,000 $209,250
GROWTH REPORT
Median Quarterly 5.1% N/A
Median 12 month 10.52% -25.67%
Median 3 years 37.33% -1.06%
Median 5 years 57.49% 26.82%
10 years average annual 3.66% 4.93%
Weekly media advert. rent $440 $320
Time on Market 77.3 days 0.0 days
Gross Rental Yield Percent 4.44% 7.95%
demographics (median values)
Total Population
6634
Weekly Household Income
631.2
Household Size
2.40
demographics
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