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 3.97% growth over a ten-year period. It ranks 1917th 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 21.92% for the past year, which is higher than average compared to its 34.88% growth within a five-year period.
With the median home price in SUNSHINE BAY sitting at $539,500, and the average rent at $385, property owners could potentially earn a 3.71% 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 21.92% increase in median property prices in SUNSHINE BAY, 2536 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 97th.
Homeowners and real estate investors betting on SUNSHINE BAY, 2536 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 18.45%.
Property investors enjoyed capital gains of 18.45% over the last 12 months in SUNSHINE BAY, translating to lower returns compared with its peers in NSW.
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 $343,500.
Profits due to an upward trend in home prices in SUNSHINE BAY, 2536 averaged 6.15% per annum over a 3-year period.
Home owners selling their properties and realtors in SUNSHINE BAY usually have to wait an average of 46.8 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $350 mark, reflecting a 5.3% increase in returns based on the current median price in SUNSHINE BAY.
SUNSHINE BAY, 2536 places 391st in Australia based on median property value growth during the quarter.