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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $667,500.
The upward trend in home prices in WINMALEE, 2777 averaged 5.5% per annum over a 3-year period.
Average weekly rents on listings have reached the $477.5 mark, reflecting a 3.72% increase in returns based on the current median price in WINMALEE.
An average of 10.92 real estate transactions take place per month in WINMALEE which translates to 131 per annum.
131 properties were sold in WINMALEE in 2016, making it the 1258th most active market in NSW based on total real estate transactions.
WINMALEE, 2777 places 867th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $667,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.59% | N/A |
| Median 12 month | 1.14% | N/A |
| Median 3 years | 16.49% | N/A |
| Median 5 years | 53.45% | N/A |
| 10 years average annual | 6.99% | N/A |
| Weekly media advert. rent | $477.5 | N/A |
| Time on Market | 61.5 days | N/A |
| Gross Rental Yield Percent | 3.72% | N/A |
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