AREA REPORTS

Welby

NSW/
Welby

Suburb Profile

Welby - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2575

house

Homeowners and real estate investors betting on WELBY, 2575 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 21.41%.

Property investors in WELBY enjoyed capital gains of 21.41% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb 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 $648,500.

Profits due to an upward trend in home prices there averaged 26.38% per annum over a 3-year period.

Home owners selling their properties and realtors in WELBY usually have to wait an average of 103.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $465 mark, reflecting a 3.73% increase in returns based on the current median price in WELBY.

WELBY, 2575 places 808th 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 $648,500 N/A
GROWTH REPORT
Median Quarterly -0.99% N/A
Median 12 month 21.41% N/A
Median 3 years 79.14% N/A
Median 5 years N/A N/A
10 years average annual 9.4% N/A
Weekly media advert. rent $465 N/A
Time on Market 103.2 days N/A
Gross Rental Yield Percent 3.73% N/A
demographics (median values)
Total Population
782
Weekly Household Income
717.3
Household Size
2.60
demographics
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