Adelong

POSTAL CODE: NSW, 2729

HOUSE

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

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 $497,000.

The upward trend in home prices in ADELONG, 2729 averaged 8.87% 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 ADELONG.

An average of 1.58 real estate transactions take place per month in ADELONG which translates to 19 per annum.

19 properties were sold in ADELONG in 2016, making it the 939th most active market in NSW based on total real estate transactions.

ADELONG, 2729 places 1244th 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	$497,000	N/A
Growth Report
Median Quarterly	-10.05%	N/A
Median 12 month	6.88%	N/A
Median 3 years	26.62%	N/A
Median 5 years	85.79%	N/A
10 years average annual	10.72%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	113.8 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 1696

Weekly Household Income 1202

Household Size 2.50

Average Age 44

Monthly Loan Repayment 1153

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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