Based on its average 5-year and quarterly capital gains SUNSHINE BAY, 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 SUNSHINE BAY, 2536 obtained a 6.89% growth over a ten-year period. It ranks 2011th on our list of suburbs that property investors should look into.
SUNSHINE BAY, 2536 in NSW belongs to the local government area of Eurobodalla.
SUNSHINE BAY, 2536 has a capital gain of -0.91% for the past year, which is lower than average compared to its 37.7% growth within a five-year period.
With the median home price in SUNSHINE BAY sitting at $840,000, and the average rent at $710, property owners could potentially earn a 4.4% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SUNSHINE BAY are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in SUNSHINE BAY, 2536 translates to a -0.08% capital gain.
SUNSHINE BAY, 2536 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $654,500.
Profits due to an downward trend in home prices in SUNSHINE BAY, 2536 averaged -0.03% per annum over a 3-year period.
Home owners selling their properties and realtors in SUNSHINE BAY usually have to wait an average of 94.4 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in SUNSHINE BAY.
SUNSHINE BAY, 2536 places 289th in Australia based on median property value growth during the quarter.