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Mollymook Beach

NSW/
Mollymook beach

Suburb Profile

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

house
unit

Property investments in MOLLYMOOK BEACH did not fare well against the rest of the country last year, registering a median home price decrease of 2.08%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains MOLLYMOOK BEACH, 2539 saw average growth in the long term.

Real estate investors could earn a rental income of $440 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 109.4 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $737,500.

MOLLYMOOK BEACH ranks 881st on the list of best yielding suburbs for rental properties in NSW, posting a 3.1% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $737,500 $462,000
GROWTH REPORT
Median Quarterly -1.6% 0%
Median 12 month 2.08% -14.76%
Median 3 years 55.26% 43.48%
Median 5 years 72.92% 57.28%
10 years average annual 7.72% 12.06%
Weekly media advert. rent $440 $315
Time on Market 109.4 days 0.0 days
Gross Rental Yield Percent 3.1% 3.55%
demographics (median values)
Total Population
2245
Weekly Household Income
654.7
Household Size
2.20
demographics
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