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Colebee

Suburb Profile

Colebee - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2761

house

COLEBEE, 2761 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling COLEBEE, 2761 values up and netting property investors a capital gain of 1.98% for the past year.

Investors saw the median home price rise to $850,000.

Profits due to an downward trend in home prices in the suburb averaged -5% per annum over a 3-year period.

COLEBEE now ranks at the 153rd place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $615 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In COLEBEE, homes and units usually stay on listing for an average of 66.3 days.

In 2016, 61 properties were sold in COLEBEE during the past year, making it the 259th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $850,000 N/A
GROWTH REPORT
Median Quarterly 9.47% N/A
Median 12 month 1.98% N/A
Median 3 years -15% N/A
Median 5 years 41.08% N/A
10 years average annual 11.97% N/A
Weekly media advert. rent $615 N/A
Time on Market 66.3 days N/A
Gross Rental Yield Percent 3.76% N/A
demographics (median values)
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