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Gerroa
AREA REPORTS

Gerroa

Gerroa - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2534

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

Based on its average 5-year and quarterly capital gains GERROA, 2534 saw average growth in the long term.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 44.1 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $2,615,000.

GERROA ranks 1277th on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.

Data report can be found below

Gerroa
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,615,000 N/A
GROWTH REPORT
Median Quarterly 18.86% N/A
Median 12 month N/A N/A
Median 3 years 68.44% N/A
Median 5 years 183.93% N/A
10 years average annual 16.93% N/A
Weekly media advert. rent N/A N/A
Time on Market 44.1 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
5709
Weekly Household Income
1514
Household Size
2.60
Age
46
Monthly Loan Repayment
2158
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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