Property investors who have had real estate in Ramsgate Beach, 2217 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -23.79%
If we look at median property appreciation over just the last three months, Ramsgate Beach has given property investors a paper return of 2.08%. This puts Suburb as 266 on a list of fastest fasting appreciating suburbs in NSW
At number 454th of NSW’s most discounted properties, Ramsgate Beach is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Ramsgate Beach have been waiting around 50.92 days to sell a property.
Using the current median advertised rental of $480 and the average annual increase in value of a median property of 12.48%, investors should hope to achieve an overall return of 3.18%