Hot Property: The biggest stories this week
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Based on its average 5-year and quarterly capital gains LONG BEACH, 2536 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that LONG BEACH, 2536 obtained a 3.92% growth over a ten-year period. It ranks 1946th on our list of suburbs that property investors should look into.
LONG BEACH, 2536 in NSW belongs to the local government area of Eurobodalla (A).
LONG BEACH, 2536 has a capital gain of 7.07% for the past year, which is higher than average compared to its 29.38% growth within a five-year period.
With the median home price in LONG BEACH sitting at $621,000, and the average rent at $450, property owners could potentially earn a 3.77% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in LONG BEACH are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $621,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.46% | N/A |
| Median 12 month | 7.07% | N/A |
| Median 3 years | 7.07% | N/A |
| Median 5 years | 29.38% | N/A |
| 10 years average annual | 3.92% | N/A |
| Weekly media advert. rent | $450 | N/A |
| Time on Market | 113.3 days | N/A |
| Gross Rental Yield Percent | 3.77% | N/A |
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