Property investors who have had real estate in Vaucluse, 2030 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.27%
If we look at median property appreciation over just the last three months, Vaucluse has given property investors a paper return of 1.87%. This puts Suburb as 682 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Vaucluse should be aiming for at least -9.56% off the asking price, which is the average vendor discount being achieved at the moment.
A $1800 per week rent on the median house gives suburb investors a gross yield of circa 2.08%, without taking into account capital value appreciation, which has been averaging out at 4.74%.
Vaucluse, 2030 ranked 468th in NSW when comparing growth in median property values or capital gain over the last 12 months. Vaucluse is one of 3163 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Vaucluse has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Vaucluse is offering property investors an average of -4.14. This rate of discount on properties puts Suburb at number 9th in terms of most discounted suburbs in NSW