City Buyers Swarm NSW South Coast, Creating Unseen Conditions
Properties on the NSW South Coast are selling on average 20 per cent above expectation as the coastal market heats up. ...
Based on its average 5-year and quarterly capital gains BLACKBUTT, 2529 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 BLACKBUTT, 2529 obtained a 6.02% growth over a ten-year period. It ranks 981st on our list of suburbs that property investors should look into.
BLACKBUTT, 2529 in NSW belongs to the local government area of Shellharbour (C).
BLACKBUTT, 2529 has a capital gain of 6.95% for the past year, which is higher than average compared to its 14.84% growth within a five-year period.
With the median home price in BLACKBUTT sitting at $700,500, and the average rent at $520, property owners could potentially earn a 3.86% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BLACKBUTT are high, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.95%||-2.08%|
|Median 3 years||-1.62%||-11.07%|
|Median 5 years||14.84%||11.9%|
|10 years average annual||6.02%||5.24%|
|Weekly media advert. rent||$520||$435|
|Time on Market||53.6 days||0.0 days|
|Gross Rental Yield Percent||3.86%||4.81%|