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Binalong

Suburb Profile

Binalong - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2584

house

Property investments in BINALONG fare well against the rest of the country last year, registering a median home price increase of 23.67%.

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

Based on its average 5-year and quarterly capital gains BINALONG, 2584 saw average growth in the long term.

Real estate investors could earn a rental income of $285 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 79.9 days.

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

Property investors perceived the median home price rise to $310,000.

BINALONG ranks 223rd on the list of best yielding suburbs for rental properties in NSW, posting a 4.78% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $310,000 N/A
GROWTH REPORT
Median Quarterly 10.71% N/A
Median 12 month 23.67% N/A
Median 3 years 24% N/A
Median 5 years -10.66% N/A
10 years average annual 0.65% N/A
Weekly media advert. rent $285 N/A
Time on Market 79.9 days N/A
Gross Rental Yield Percent 4.78% N/A
demographics (median values)
Total Population
603
Weekly Household Income
791.9
Household Size
2.50
demographics
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Top 10 Birth Countries
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Household Income
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