Thirroul

POSTAL CODE: NSW, 2515

HOUSE

UNIT

Based on its average 5-year and quarterly capital gains THIRROUL, 2515 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 THIRROUL, 2515 obtained a 7.8% growth over a ten-year period. It ranks 1374th on our list of suburbs that property investors should look into.

THIRROUL, 2515 in NSW belongs to the local government area of Wollongong.

THIRROUL, 2515 has a capital gain of 3.33% for the past year, which is lower than average compared to its 36.71% growth within a five-year period.

With the median home price in THIRROUL sitting at $1,860,000, and the average rent at $1000, property owners could potentially earn a 2.8% increase in gross rental yield.

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

A steady increase in median property prices over a five-year period in THIRROUL, 2515 translates to a -5.66% capital gain.

THIRROUL, 2515 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 $1,146,250.

Profits due to an downward trend in home prices in THIRROUL, 2515 averaged -1.89% per annum over a 3-year period.

Home owners selling their properties and realtors in THIRROUL usually have to wait an average of 63.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $680 mark, reflecting a 3.08% increase in returns based on the current median price in THIRROUL.

THIRROUL, 2515 places 359th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,860,000	$1,146,250
Growth Report
Median Quarterly	3.91%	0.66%
Median 12 month	3.33%	-1.19%
Median 3 years	-0.93%	-5.66%
Median 5 years	36.71%	37.28%
10 years average annual	7.8%	6.26%
Weekly media advert. rent	$1,000	$680
Time on Market	80 days	63.5 days
Gross Rental Yield Percent	2.8%	3.08%

Demographics (Median Values)*

Total Population 11112

Weekly Household Income 2006

Household Size 2.70

Average Age 42

Monthly Loan Repayment 2362

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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