Giving property investors a a solid capital gain of 14.62% for the last year, Avalon Beach, 2107 is the 657th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Avalon Beach has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.52% offered to property buyers. Sellers in Avalon Beach itself are offering an average vendor discount of -8.89% to real estate investors.
Advertised rents are around the $880 mark per week – giving a return of 3.07% based on the median price in Suburb
With a capital gain of 8.98% for the last 12 months, Avalon Beach, 2107 has performed for property investments than its average annual 5.57% 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 4.49%. This puts Suburb as 82 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Avalon Beach should be aiming for at least -4.86% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $537.5 mark per week – giving a return of 4.01% based on the median price in Suburb