Table Top NSW Property Investment

## 2. Market Overview The median house price in Table Top, NSW, is reported to be around $1,253,091 by a single source, OnTheHouse, with no peer validation available. The median unit price is $499,498. The market has experienced an 8.6% growth in the past year, with a 5-year compound annual growth rate (CAGR) of 3.2%. The 3-year growth forecast is 13.5%, suggesting potential for long-term capital appreciation. However, the market cycle is currently cooling, which may impact buyer and seller dynamics. With a moderate rental demand and stable vacancy trend, buyers may have some negotiating power, while sellers may need to be more competitive with their pricing.

## 3. Rental Market The vacancy rate in Table Top, NSW, is 3.0%, indicating a relatively stable rental market. The median weekly rent is $525, resulting in a gross rental yield of 2.2%. This yield is lower than some comparable suburbs, such as Barrack Heights (4.0%) and Dharruk (3.1%). The rental demand is moderate, and the owner-occupier rate is 64%, suggesting a mix of investors and owner-occupiers in the market. For investors, the relatively low yield and moderate demand may impact cash flow and rental income.

## 4. Short-Term Rental Opportunity The median nightly rate for short-term rentals in Table Top, NSW, is $503, with an occupancy rate of 40%. This translates to an estimated annual revenue of approximately $73,000 (assuming 40% occupancy and $503 nightly rate). Compared to the long-term rental yield of 2.2%, the short-term rental opportunity may offer higher potential returns, but it also comes with higher management costs and risks. Investors should carefully consider their strategy and target market before deciding between long-term and short-term rentals.

## 5. Infrastructure & Growth Drivers The announced Albury Wodonga Regional Hospital is a significant infrastructure project that may drive growth and demand in the area. However, the transport options are limited, with Albury station 14.4km away. The supply pipeline is low, with price growth outpacing new supply, which may contribute to long-term capital growth. The key risk, as identified in the scorecard, is the distance from the CBD, which may limit long-term capital growth potential. The unemployment rate is 4.2%, which is relatively low and may support stable economic conditions.

## 6. Bull Case If conditions hold or improve, the upside scenario for Table Top, NSW, is promising. With a 3-year growth forecast of 13.5%, investors may see significant capital appreciation. The low supply pipeline and moderate rental demand may also support long-term growth. If the announced hospital project and other infrastructure developments materialize, they may attract new residents, businesses, and investment, further driving up property values. In this scenario, investors who buy and hold may see returns exceeding the 8.6% 1-year price growth.

## 7. Risks Specific risks for Table Top, NSW, include the distance from the CBD, which may limit long-term capital growth potential. The vacancy risk is relatively low, with a stable vacancy trend and moderate rental demand. The supply pipeline is low, but this may also contribute to price growth. The unemployment rate is 4.2%, which is relatively low, but investors should still consider the potential impact of economic downturns on the local market. Flood risk and bushfire risk are not on record for this suburb in the NSW LEP / state planning overlay and the state planning overlay, respectively. Investors should order an independent flood certificate and a Bushfire Attack Level (BAL) assessment before committing to a property.

## 8. The Play For investors considering Table Top, NSW, the entry range is around $1,253,091 for houses and $499,498 for units. The minimum yield to target is 2.2% for long-term rentals, but investors may aim higher, considering the potential for short-term rentals. Watch signals include changes in the supply pipeline, infrastructure developments, and shifts in the local economy. The recommended strategy is to hold existing properties and monitor market conditions before making new investments. Investors should also consider diversifying their portfolio to mitigate risks and maximize returns.

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.