Mollymook Beach

POSTAL CODE: NSW, 2539

HOUSE

UNIT

Property investments in MOLLYMOOK BEACH fare well against the rest of the country last year, registering a median home price increase of 4.35%.

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 $645 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 110.3 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 $1,200,000.

MOLLYMOOK BEACH ranks 790th on the list of best yielding suburbs for rental properties in NSW, posting a 2.8% return.

MOLLYMOOK BEACH, 2539 ranks 108th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 30.46% for property investors last year.

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

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

Profits due to an upward trend in home prices in MOLLYMOOK BEACH, 2539 averaged 6.2% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in MOLLYMOOK BEACH.

An average of 1.42 real estate transactions take place per month in MOLLYMOOK BEACH which translates to 17 per annum.

17 properties were sold in MOLLYMOOK BEACH during the past year, making it the 443rd most active market in NSW based on total real estate transactions.

MOLLYMOOK BEACH, 2539 places 20th 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	$1,200,000	$848,000
Growth Report
Median Quarterly	3.9%	11.21%
Median 12 month	4.35%	30.46%
Median 3 years	9.09%	18.6%
Median 5 years	50.94%	28.58%
10 years average annual	10.68%	16.17%
Weekly media advert. rent	$645	N/A
Time on Market	110.3 days	70.9 days
Gross Rental Yield Percent	2.8%	0%

Demographics (Median Values)*

Total Population 17979

Weekly Household Income 900

Household Size 2.20

Average 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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