AREA REPORTS

Gerringong

NSW/
Gerringong

Suburb Profile

Gerringong - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2534

house

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

The suburb also 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 $930,000.

The upward trend in home prices in GERRINGONG, 2534 averaged 14.73% per annum over a 3-year period.

Average weekly rents on listings have reached the $580 mark, reflecting a 3.24% increase in returns based on the current median price in GERRINGONG.

An average of 5.75 real estate transactions take place per month in GERRINGONG which translates to 69 per annum.

69 properties were sold in GERRINGONG in 2016, making it the 186th most active market in NSW based on total real estate transactions.

GERRINGONG, 2534 places 246th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $930,000 N/A
GROWTH REPORT
Median Quarterly 2.76% N/A
Median 12 month 6.9% N/A
Median 3 years 44.19% N/A
Median 5 years 68.48% N/A
10 years average annual 8.02% N/A
Weekly media advert. rent $580 N/A
Time on Market 51.5 days N/A
Gross Rental Yield Percent 3.24% N/A
demographics (median values)
Total Population
3395
Weekly Household Income
1076
Household Size
2.70
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

Fact or myth: Does water view affect property price growth?

Waterfront locations, particularly in capital cities such as Sydney, are often deemed as “prestige property markets”, but can scenic vie...

Mascot Towers

Investors face headaches as residents evacuated from towers in Sydney

An issue with apartment towers in Sydney’s inner south has seen its residents evacuated and has highlighted the need for investors to keep...

Granny flat

Suburbs that could jump 30% in value revealed

New data has found which suburbs in some of Australia’s major capital cities are most suitable for subdivision, with the claims that doing...

Aerial shot of suburbs

Only one capital city declined in values last week

The latest weekly property market data has shown even further signs of value stabilisation across the country, with all major capital cities...

Self-funded retirees

How self-funded retirees have control

There is a group that rarely gets the recognition they deserve. In fact, they’ve become a demographic football that’s been kicked around...

Rainy suburbs

6 hazards to prepare your rental property for winter

Winter – time for woolly jumpers, snuggly blankets, hot chocolate and nights by the fire… But it is also the time of year when cocooning...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.