AREA REPORTS

Port Kembla

 

 

NSW/
Port kembla

Suburb Profile

Port Kembla - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2505

house
unit

Based on its average 5-year and quarterly capital gains PORT KEMBLA, 2505 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that PORT KEMBLA, 2505 obtained a 8.59% growth over a ten-year period. It ranks 263rd on our list of suburbs that property investors should look into.

PORT KEMBLA, 2505 in NSW belongs to the local government area of Wollongong (C).

PORT KEMBLA, 2505 has a capital gain of 4.22% for the past year, which is lower than average compared to its 89.09% growth within a five-year period.

With the median home price in PORT KEMBLA sitting at $661,810, and the average rent at $450, property owners could potentially earn a 3.54% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in PORT KEMBLA are low, as opposed to average gains per annum over the past five years.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $661,810 $408,000
GROWTH REPORT
Median Quarterly -0.48% 1.24%
Median 12 month 4.22% 5.15%
Median 3 years 55.72% 73.62%
Median 5 years 89.09% 80.13%
10 years average annual 8.59% -8.59%
Weekly media advert. rent $450 $325
Time on Market 79.7 days 0.0 days
Gross Rental Yield Percent 3.54% 4.14%
demographics (median values)
Total Population
4366
Weekly Household Income
678.3
Household Size
2.50
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Tradie

Dodgy ‘roof repairing’ conmen exploiting property owners

The Western Australian government has put out a call for WA property owners to watch out for roof repair conmen who are asking payment for w...

Aerial shot of suburbs

Property tax changes tipped to impact rental costs

Research from one of Australia’s largest housing building associations has modelled the impact of capital gains tax (CGT) and negative ge...

Quick tips for increasing borrowing power

Investors have no doubt found it difficult to navigate the lending landscape at the moment, so one broker shares a tip on how investors can ...

‘Cosmetically challenged properties’ offer opportunities to Sydney investors

Despite the softening of the Sydney property market, experts believe that the capital city continues to hold wealth-creation opportunities f...

Canberra

Canberra deemed Australia’s most liveable city by Australians

A new report has found that despite Melbourne’s history of being known as the world’s most liveable city for numerous years, Australia...

NSW

The policies impacting property in the NSW state election

Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...