Property investors who have had real estate in Hinchinbrook, 2168 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.40%
The five-year average increase in median property values for Hinchinbrook,2168 has given property investors a potential capital gain of 59.55% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Hinchinbrook itself are offering an average vendor discount of -5.39% to real estate investors.
Residents and property investors in Hinchinbrook have been waiting around 81.24 days to sell a property.
With the median price for a house in Hinchinbrook being $710000 and the advertised rent reaching $485 the gross rental yield for property investors calculates out to be 3.55%