Investment property in Hurstville has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.48%
Over the longer term, Hurstville has seen property prices show investors a 48.68% return over the last 3 years. This is worse than over the last 12 months
At number 206th of NSW’s most discounted properties, Hurstville is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 9.60%, investors should hope to achieve an overall return of 2.21%
Over the last year, property investments in Hurstville, 2220 have given investors a capital gain of 1.68%. This compares badly with the 6.59% for NSW as a whole.
While Hurstville,2220 ranked number 334th in NSW for increase in median house value (annualised) increase, it is ranked 244th over the last 5 years.
Our latest figures would indicate that property sellers in Hurstville are currently offering property investors an average price cut of -5.94% below the asking price at the moment.
On average over the past year, suburb has had 22.67 sales per month, which equates to 272 per year.
Situated 12.49km from the CBD, Hurstville is one of Hurstville localities in the postcode 2220.