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12 MIN READProperty Market Update: Melbourne, December 2021
Melbourne capped off a bumpy 2021 with double-digit annual growth, triumphing over gloomy start-of-the-year forecasts. H...
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TullimbarTullimbar - SUBURB PROFILE REPORT
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Based on its average 5-year and quarterly capital gains TULLIMBAR, 2527 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 TULLIMBAR, 2527 obtained a 9.47% growth over a ten-year period. It ranks 149th on our list of suburbs that property investors should look into.
TULLIMBAR, 2527 in NSW belongs to the local government area of Shellharbour (C).
TULLIMBAR, 2527 has a capital gain of 21.97% for the past year, which is higher than average compared to its 30.35% growth within a five-year period.
With the median home price in TULLIMBAR sitting at $719,000, and the average rent at $565, property owners could potentially earn a 4.09% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in TULLIMBAR are high, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $719,000 | $580,000 |
| GROWTH REPORT | ||
| Median Quarterly | 16.62% | 11.54% |
| Median 12 month | 21.97% | 12.62% |
| Median 3 years | 8.61% | N/A |
| Median 5 years | 30.35% | N/A |
| 10 years average annual | 9.47% | 1.89% |
| Weekly media advert. rent | $565 | N/A |
| Time on Market | 48.2 days | 0.0 days |
| Gross Rental Yield Percent | 4.09% | N/A |
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