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North Nowra
AREA REPORTS

North Nowra

North Nowra - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2541

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 9.44% capital gain.

It 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 $539,000

The augmented property values in the suburb are trailing above the territorial average of 9.13% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $450.

Home owners selling their properties and realtors in NORTH NOWRA usually have to wait an average of 67.5 days days before their assets are lifted off the market.

The NSW suburb ranks 239th on the list of best yielding suburbs for rental properties in NSW, posting a 4.34% return.

It also places places 766th in Australia based on median property value growth during the quarter.

Data report can be found below

North Nowra
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $539,000 $401,000
GROWTH REPORT
Median Quarterly 2.67% N/A
Median 12 month 11.36% N/A
Median 3 years 9.44% N/A
Median 5 years 43.73% 59.44%
10 years average annual 6.09% 13.42%
Weekly media advert. rent $450 $360
Time on Market 67.5 days 0.0 days
Gross Rental Yield Percent 4.34% 4.67%
demographics (median values)*
Total Population
25641
Weekly Household Income
971
Household Size
2.30
Age
42
Monthly Loan Repayment
1500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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