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AREA REPORTS

Whalan

Suburb Profile

Whalan - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2770

house

A steady increase in median property prices over a five-year period in the suburb translates to a -3% capital gain.

Property investors in WHALAN enjoyed capital gains of 4.3% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $485,000.

Profits due to an downward trend in home prices there averaged -1% per annum over a 3-year period.

Home owners selling their properties and realtors in WHALAN usually have to wait an average of 49.9 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $332.5 mark, reflecting a 3.56% increase in returns based on the current median price in WHALAN.

WHALAN, 2770 places 350th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $485,000 N/A
GROWTH REPORT
Median Quarterly 3.74% N/A
Median 12 month 4.3% N/A
Median 3 years -3% N/A
Median 5 years 23.25% N/A
10 years average annual 7.75% N/A
Weekly media advert. rent $332.5 N/A
Time on Market 49.9 days N/A
Gross Rental Yield Percent 3.56% N/A
demographics (median values)
Total Population
5503
Weekly Household Income
667.2
Household Size
2.90
demographics
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