Willmot

POSTAL CODE: NSW, 2770

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 $850,000.

The upward trend in home prices in WILLMOT, 2770 averaged 10.94% per annum over a 3-year period.

Average weekly rents on listings have reached the $497.5 mark, reflecting a 3.04% increase in returns based on the current median price in WILLMOT.

An average of 1.92 real estate transactions take place per month in WILLMOT which translates to 23 per annum.

23 properties were sold in WILLMOT in 2016, making it the 849th most active market in NSW based on total real estate transactions.

WILLMOT, 2770 places th 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	$850,000	N/A
Growth Report
Median Quarterly	0%	N/A
Median 12 month	11.84%	N/A
Median 3 years	32.81%	N/A
Median 5 years	50.58%	N/A
10 years average annual	8.25%	N/A
Weekly media advert. rent	$498	N/A
Time on Market	31.1 days	N/A
Gross Rental Yield Percent	3.04%	N/A

Demographics (Median Values)*

Total Population 61296

Weekly Household Income 1159

Household Size 3.10

Average Age 31

Monthly Loan Repayment 1700

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

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