Freemans Reach

POSTAL CODE: NSW, 2756

HOUSE

Property investments in FREEMANS REACH fare well against the rest of the country last year, registering a median home price increase of 20.1%.

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 FREEMANS REACH, 2756 saw average growth in the long term.

Real estate investors could earn a rental income of $750 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 98.9 days.

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

Property investors perceived the median home price rise to $1,225,000.

FREEMANS REACH ranks 601st on the list of best yielding suburbs for rental properties in NSW, posting a 3.18% return.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,225,000	N/A
Growth Report
Median Quarterly	11.36%	N/A
Median 12 month	20.1%	N/A
Median 3 years	33.88%	N/A
Median 5 years	28.27%	N/A
10 years average annual	6.73%	N/A
Weekly media advert. rent	$750	N/A
Time on Market	98.9 days	N/A
Gross Rental Yield Percent	3.18%	N/A

Demographics (Median Values)*

Total Population 33932

Weekly Household Income 1741

Household Size 2.90

Average Age 35

Monthly Loan Repayment 2058

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

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