If you compare the increase in value of investment property in Scotland Island, 2105 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 15.26%.
Over the longer term, Scotland Island has seen property prices show investors a 33.46% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Scotland Island are currently offering property investors an average price cut of -3.98% below the asking price at the moment.
At number 3123 in a list of fastest selling suburbs, Scotland Island is in the bottom 20% of suburbs in Australia with an average of days on market 112.94 for properties listed there.
Renters in Suburb are facing rents around $6600 per annum or $550 every week.