NSW/
Gerroa

Suburb Profile

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

house

Property investments in GERROA fare well against the rest of the country last year, registering a median home price increase of 30%.

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.

Real estate investors could earn a rental income of $595 based on current median home prices for the suburb.

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 61.4 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 $1,300,000.

GERROA ranks 1051st on the list of best yielding suburbs for rental properties in NSW, posting a 2.38% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,300,000 N/A
GROWTH REPORT
Median Quarterly 1.96% N/A
Median 12 month 30% N/A
Median 3 years 58.63% N/A
Median 5 years 67.2% N/A
10 years average annual 8.23% N/A
Weekly media advert. rent $595 N/A
Time on Market 61.4 days N/A
Gross Rental Yield Percent 2.38% N/A
demographics (median values)
Total Population
476
Weekly Household Income
909.5
Household Size
2.20
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Gerroa, NSW
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