Condobolin

POSTAL CODE: NSW, 2877

HOUSE

Property investors enjoyed capital gains of 17.59% over the last 12 months in CONDOBOLIN, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 8.39% growth over a ten-year period. It ranks 968th on our list of suburbs that property investors should look into.

CONDOBOLIN, 2877 has a capital gain of 17.59% for the past year, which is higher than average compared to its 58.75% growth within a five-year period.

With the median home price in CONDOBOLIN sitting at $317,500, and the average rent at $350, property owners could potentially earn a 5.73% increase in gross rental yield.

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

CONDOBOLIN, 2877 in NSW belongs to the local government area of Lachlan.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$317,500	N/A
Growth Report
Median Quarterly	13.39%	N/A
Median 12 month	17.59%	N/A
Median 3 years	44.32%	N/A
Median 5 years	58.75%	N/A
10 years average annual	8.39%	N/A
Weekly media advert. rent	$350	N/A
Time on Market	83.1 days	N/A
Gross Rental Yield Percent	5.73%	N/A

Demographics (Median Values)*

Total Population 3883

Weekly Household Income 1016

Household Size 2.40

Average Age 38

Monthly Loan Repayment 939

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

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