Property value increases in Avalon Beach have tracked just higher than the NSW average of 10.13% over the last 12 months.
Comparing Avalon Beach,2107 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in Avalon Beach itself are offering an average vendor discount of -5.80% to real estate investors.
Avalon Beach is 839th on a list of best yielding suburbs for rents in NSW with a 2.99% return
With a capital gain of 14.70% for the last 12 months, Avalon Beach, 2107 has performed for property investments than its average annual 5.27% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Avalon Beach has given property investors a paper return of 12.68%. This puts Suburb as 17 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Avalon Beach are currently offering property investors an average price cut of -2.45% below the asking price at the moment.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 5.27%, investors should hope to achieve an overall return of 3.58%