Tuross Head

POSTAL CODE: NSW, 2537

HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also 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 $770,000.

The downward trend in home prices in TUROSS HEAD, 2537 averaged -0.26% per annum over a 3-year period.

Average weekly rents on listings have reached the $550 mark, reflecting a 3.71% increase in returns based on the current median price in TUROSS HEAD.

An average of 6.75 real estate transactions take place per month in TUROSS HEAD which translates to 81 per annum.

81 properties were sold in TUROSS HEAD in 2016, making it the 101st most active market in NSW based on total real estate transactions.

TUROSS HEAD, 2537 places 1080th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$770,000	N/A
Growth Report
Median Quarterly	-1.28%	N/A
Median 12 month	1.99%	N/A
Median 3 years	-0.77%	N/A
Median 5 years	49.51%	N/A
10 years average annual	9.33%	N/A
Weekly media advert. rent	$550	N/A
Time on Market	111.4 days	N/A
Gross Rental Yield Percent	3.71%	N/A

Demographics (Median Values)*

Total Population 11812

Weekly Household Income 948

Household Size 2.20

Average Age 54

Monthly Loan Repayment 1408

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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