Cromer, 2099 ranked 613th in NSW when comparing growth in median property values or capital gain over the last 12 months. Cromer is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Cromer has given property investors a paper return of 4.09%. This puts Suburb as 421 on a list of fastest fasting appreciating suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cromer, 2099. Typically our figures indicate that -4.35% is being offered, which puts this NSW suburb at 3068th most discounted overall in Australia.
A $847.5 per week rent on the median house gives suburb investors a gross yield of circa 3.15%, without taking into account capital value appreciation, which has been averaging out at 7.28%.
Property value increases in Cromer have tracked higher than the NSW average of 5.41% over the last 12 months.
Cromer,2099 has offered an average of 13.22% return per annum in house price rises to property investors over the last three years.
Cromer, 2099’s gross rental yield is 3.11%