South Hurstville is in the bottom 20% in NSW when comparing median price capital growth over the last year. South Hurstville gave property investors a dismal capital gain figure when compared to the rest of the state, with 2.64%.
Taking the average capital gain, or increase in median house value, South Hurstville,2221 has racked up an average of 2.64% over the period. This ranks it number 1151th in the whole country for real estate investors looking at median house price increases.
South Hurstville, 2221 is offering NSW ‘s 701th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
At number 730 in a list of fastest selling suburbs, South Hurstville is in the TOP 20% of suburbs in Australia with an average of days on market 49.06 for properties listed there.
A $595 per week rent on the median house gives suburb investors a gross yield of circa 2.27%, without taking into account capital value appreciation, which has been averaging out at 9.40%.
If you compare the increase in value of investment property in South Hurstville, 2221 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.76%.
Taking the average capital gain, or increase in median house value, South Hurstville,2221 has racked up an average of 5.76% over the period. This ranks it number 319th in the whole country for real estate investors looking at median house price increases.
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 -1.89% is being offered, which puts this NSW suburb at 1433th most discounted overall in Australia.
Property investors should expect to get $500 weekly from the median priced house in this suburb.