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Mollymook

Suburb Profile

Mollymook - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2539

house
unit

MOLLYMOOK, 2539 ranks 878th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 19.81% 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 stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $778,750.

The upward trend in home prices in MOLLYMOOK, 2539 averaged 4.98% per annum over a 3-year period.

Average weekly rents on listings have reached the $700 mark, reflecting a 4.67% increase in returns based on the current median price in MOLLYMOOK.

An average of 5.17 real estate transactions take place per month in MOLLYMOOK which translates to 62 per annum.

62 properties were sold in MOLLYMOOK in 2016, making it the 247th most active market in NSW based on total real estate transactions.

MOLLYMOOK, 2539 places 333rd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $778,750 $470,000
GROWTH REPORT
Median Quarterly 3.83% 0%
Median 12 month 19.81% N/A
Median 3 years 14.94% 4.44%
Median 5 years 75.79% 41.78%
10 years average annual 7.83% 13.27%
Weekly media advert. rent $700 $1000
Time on Market 86.8 days 0.0 days
Gross Rental Yield Percent 4.67% 11.06%
demographics (median values)
Total Population
1052
Weekly Household Income
756.4
Household Size
2.30
demographics
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