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Werri Beach
AREA REPORTS

Werri Beach

Werri Beach - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2534

house

WERRI BEACH, 2534 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling WERRI BEACH, 2534 values up and netting property investors a capital gain of 10% for the past year.

Investors saw the median home price rise to $1,375,000.

Profits due to an upward trend in home prices in the suburb averaged 9.38% per annum over a 3-year period.

WERRI BEACH now ranks at the 19th place on a list of fastest growing suburbs in the territory.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In WERRI BEACH, homes and units usually stay on listing for an average of 0.0 days.

In 2016, 12 properties were sold in WERRI BEACH during the past year, making it the 1355th most active market in NSW based on total real estate transactions.

Data report can be found below

Werri Beach
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,375,000 N/A
GROWTH REPORT
Median Quarterly 22.22% N/A
Median 12 month 10% N/A
Median 3 years 28.15% N/A
Median 5 years N/A N/A
10 years average annual 9.11% N/A
Weekly media advert. rent N/A N/A
Time on Market 0.0 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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