Property investors who have had real estate in South Hurstville, 2221 should be ok 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 4.20%
The five-year average increase in median property values for South Hurstville,2221 has given property investors a potential capital gain of 81.15% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in South Hurstville, 2221. Typically our figures indicate that -7.86% is being offered, which puts this NSW suburb at 762th most discounted overall in Australia.
Often selling an investment property can take time, and in South Hurstville the average time real estate has been on the market is 52.1 days.
Advertised rents are around the $600 mark per week – giving a return of 2.29% based on the median price in Suburb
South Hurstville has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 16.28% to date .
The five-year average increase in median property values for South Hurstville,2221 has given property investors a potential capital gain of 70.00% across each of those five years.
South Hurstville2221 is located in NSW which offers an average discount of -4.16% to property investors. South Hurstville itself is showing figures that indicate -4.27% is the average achievable by property buyers investing in the suburb.
At number 147 in a list of fastest selling suburbs, South Hurstville is in the TOP 10% of suburbs in Australia with an average of days on market 39.57 for properties listed there.
A $510 per week rent on the median house gives suburb investors a gross yield of circa 3.12%, without taking into account capital value appreciation, which has been averaging out at 8.54%.