Winmalee

POSTAL CODE: NSW, 2777

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 $1,060,000.

The upward trend in home prices in WINMALEE, 2777 averaged 7.28% per annum over a 3-year period.

Average weekly rents on listings have reached the $720 mark, reflecting a 3.53% increase in returns based on the current median price in WINMALEE.

An average of 8.58 real estate transactions take place per month in WINMALEE which translates to 103 per annum.

103 properties were sold in WINMALEE in 2016, making it the 1443rd most active market in NSW based on total real estate transactions.

WINMALEE, 2777 places 409th 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	$1,060,000	N/A
Growth Report
Median Quarterly	3.36%	N/A
Median 12 month	10.13%	N/A
Median 3 years	21.84%	N/A
Median 5 years	47.22%	N/A
10 years average annual	6.41%	N/A
Weekly media advert. rent	$720	N/A
Time on Market	27.9 days	N/A
Gross Rental Yield Percent	3.53%	N/A

Demographics (Median Values)*

Total Population 17601

Weekly Household Income 1718

Household Size 2.70

Average Age 43

Monthly Loan Repayment 1959

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

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