Giving property investors a a stable capital gain of 9.92% for the last year, Cromer, 2099 is the 1002th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Cromer,2099 has racked up an average of 9.92% over the period. This ranks it number 289th in the whole country for real estate investors looking at median house price increases.
Cromer2099 is located in NSW which offers an average discount of -5.50% to property investors. Cromer itself is showing figures that indicate -4.71% is the average achievable by property buyers investing in the suburb.
Cromer is 816th on a list of best yielding suburbs for rents in NSW with a 3.18% return
NSW has seen average median house prices change by 5.59% which means that Cromer, 2099 has done well for property investors by showing a capital gain of 45.56% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cromer has increased when compared to the 5 year average annual rate.
In the last year 18 properties changed hands in Cromer, which puts it as the 460th most active market in NSW when comparing the number of sales per suburb.
Cromer, 2099’s gross rental yield is 2.57%