NSW has seen average median house prices change by 7.47% which means that South Hurstville, 2221 has done well for property investors by showing a capital gain of 18.08% over the last year
While South Hurstville,2221 ranked number 186th in NSW for increase in median house value (annualised) increase, it is ranked 99th over the last 5 years.
South Hurstville2221 is located in NSW which offers an average discount of -5.49% to property investors. South Hurstville itself is showing figures that indicate -8.02% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $580 weekly from the median priced house in this suburb.
At number 358th in the list of Australian suburbs ordered by increase in median house value over the last year, South Hurstville, 2221 is in the top 30% with a property value increase of 10.71% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in South Hurstville has increased when compared to the 5 year average annual rate.
South Hurstville, 2221 is offering NSW ‘s 14th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.
Often selling an investment property can take time, and in South Hurstville the average time real estate has been on the market is 78.57 days.
With the median price for a house in South Hurstville being $775000 and the advertised rent reaching $515 the gross rental yield for property investors calculates out to be 3.46%