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Binalong Bay
AREA REPORTS

Binalong Bay

Binalong Bay - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7216

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BINALONG BAY ranks 25th in TAS when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 38.53% for the past year is higher than average compared to its 80% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Property investors have seen a 9.09% gain in BINALONG BAY based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on BINALONG BAY, 7216 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 38.53%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.57% growth over a ten-year period. It ranks 126th on our list of suburbs that property investors should look into.

Data report can be found below

Binalong Bay
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $720,000 N/A
GROWTH REPORT
Median Quarterly 9.09% N/A
Median 12 month 38.53% N/A
Median 3 years 72.46% N/A
Median 5 years 80% N/A
10 years average annual 9.57% N/A
Weekly media advert. rent N/A N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
3356
Weekly Household Income
745
Household Size
2.10
Age
55
Monthly Loan Repayment
988
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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