Shell Cove

POSTAL CODE: NSW, 2529

HOUSE

UNIT

SHELL COVE ranks 49th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 7.41% for the past year is lower than average compared to its 61.11% growth within a five-year period.

Also in SHELL COVE, the median home price is sitting at $1,450,000, and the average rent at $880, this suggests property owners could potentially earn a 3.16% increase in gross rental yield.

Property investors have seen a 2.11% gain in SHELL COVE based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.08% growth over a ten-year period. It ranks 1160th on our list of suburbs that property investors should look into.

A steady increase in median property prices over a five-year period in SHELL COVE, 2529 translates to a -14.62% capital gain.

SHELL COVE, 2529 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 $1,110,000.

Augmented property values in SHELL COVE are trailing behind the NSW average of 4.69% for the past year.

Real estate investors could earn a rental income of $800 based on current median home prices for the suburb.

Home owners selling their properties and realtors in SHELL COVE usually have to wait an average of 126 days days before their assets are lifted off the market.

SHELL COVE ranks 428th on the list of best yielding suburbs for rental properties in NSW, posting a 3.75% return.

SHELL COVE, 2529 places 560th in Australia based on median property value growth during the quarter.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,450,000	$1,110,000
Growth Report
Median Quarterly	2.11%	-19.27%
Median 12 month	7.41%	-23.11%
Median 3 years	9.02%	-14.62%
Median 5 years	61.11%	32.14%
10 years average annual	8.08%	13.79%
Weekly media advert. rent	$880	$800
Time on Market	107.5 days	126 days
Gross Rental Yield Percent	3.16%	3.75%

Demographics (Median Values)*

Total Population 26025

Weekly Household Income 1582

Household Size 2.80

Average Age 39

Monthly Loan Repayment 2000

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

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type