Investment property in Seaforth has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.41%
If we look at median property appreciation over just the last three months, Seaforth has given property investors a paper return of 8.41%. This puts Suburb as 178 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Seaforth are currently offering property investors an average price cut of -6.10% below the asking price at the moment.
Property investors should expect to get $1250 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Seaforth, 2092 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -11.65%.
When looking at the potential capital gains offered to property investors over the last 3 years, Seaforth comes in at number 192th in NSW.
In the last year 11 properties changed hands in Seaforth, which puts it as the 567th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $1000 and the average annual increase in value of a median property of 8.03%, investors should hope to achieve an overall return of 4.43%