Powered by MOMENTUM MEDIA
AREA REPORTS

Mollymook

Suburb Profile

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

house
unit

MOLLYMOOK, 2539 ranks 1464th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 6.12% 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 $750,000.

The upward trend in home prices in MOLLYMOOK, 2539 averaged 5.55% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 4.51% increase in returns based on the current median price in MOLLYMOOK.

An average of 5.25 real estate transactions take place per month in MOLLYMOOK which translates to 63 per annum.

63 properties were sold in MOLLYMOOK in 2016, making it the 970th most active market in NSW based on total real estate transactions.

MOLLYMOOK, 2539 places 1123rd 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 $750,000 $470,000
GROWTH REPORT
Median Quarterly 1.01% -3.09%
Median 12 month 6.12% N/A
Median 3 years 16.64% 6.21%
Median 5 years 75.44% 42.86%
10 years average annual 7.36% 13.9%
Weekly media advert. rent $650 $800
Time on Market 92.9 days 0.0 days
Gross Rental Yield Percent 4.51% 8.85%
demographics (median values)
Total Population
1052
Weekly Household Income
756.4
Household Size
2.30
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

RBA bearish on investment outlook

RBA bearish on investment outlook

The Reserve Bank of Australia has revised its outlook for dwelling investment as the second lockdown in Victoria is likely to have sharper d...

How is Melbourne property faring during the COVID-19 lockdown

How is Melbourne property faring during the COVID-19 lockdown?

Investors in Melbourne are currently experiencing lower rental yields but have not seen their investment fall steeply in value, new research...

Housing values face triple-pronged ‘test’

A trident of developments over the coming months are set to “test” the resilience of the residential property market and threaten to dee...

How to live your best life and still build wealth

‘Set and forget’: How to live your best life and still build wealth

Rentvesting is an ideal strategy for anyone looking to build their wealth but keep their living arrangements “fluid”, according to an in...

Stage 4 restrictions stretch HomeBuilder time frame

Stage 4 restrictions stretch HomeBuilder time frame

Victorians hoping to take up the federal HomeBuilder scheme will now have more time to do so, with the construction commencement time frame ...

RBA

RBA could be on hold for the long haul: Finsure

The Reserve Bank of Australia (RBA) could stay on the sidelines as eastern states battle further outbreaks of COVID-19 with Victoria in lock...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.