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Mollymook
AREA REPORTS

Mollymook

Mollymook - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2539

house
unit

MOLLYMOOK, 2539 ranks 3000th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 3.03% for property investors.

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 $680,000.

The upward trend in home prices in MOLLYMOOK, 2539 averaged 0.5% per annum over a 3-year period.

Average weekly rents on listings have reached the $800 mark, reflecting a 6.12% increase in returns based on the current median price in MOLLYMOOK.

An average of 3.08 real estate transactions take place per month in MOLLYMOOK which translates to 37 per annum.

37 properties were sold in MOLLYMOOK in 2016, making it the 144th most active market in NSW based on total real estate transactions.

MOLLYMOOK, 2539 places 1049th in Australia based on median property value growth during the quarter.

Data report can be found below

Mollymook
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $680,000 $489,000
GROWTH REPORT
Median Quarterly -2.16% -8.6%
Median 12 month 3.03% N/A
Median 3 years 1.49% 3.38%
Median 5 years 29.52% 43.82%
10 years average annual 6.22% 8.58%
Weekly media advert. rent $800 $500
Time on Market 148.5 days 0.0 days
Gross Rental Yield Percent 6.12% 5.32%
demographics (median values)*
Total Population
17979
Weekly Household Income
900
Household Size
2.20
Age
53
Monthly Loan Repayment
1430
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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