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Binalong
AREA REPORTS

Binalong

Binalong - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2584

house

Property investments in BINALONG did not fare well against the rest of the country last year, registering a median home price decrease of 19.76%.

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 BINALONG, 2584 saw average growth in the long term.

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 0.0 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 $450,000.

BINALONG ranks 1509th on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.

Data report can be found below

Binalong
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $450,000 N/A
GROWTH REPORT
Median Quarterly 12.5% N/A
Median 12 month 19.76% N/A
Median 3 years 60.71% N/A
Median 5 years 66.67% N/A
10 years average annual 3.8% N/A
Weekly media advert. rent N/A N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
543
Weekly Household Income
1104
Household Size
2.30
Age
44
Monthly Loan Repayment
1257
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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