Property investors who have had real estate in Bundeena, 2230 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 -5.53%
Across a shorter period, Bundeena, 2230 has seen a median price increase of -0.83% over the last quarter.
Property investors looking for a bargain in Bundeena should be aiming for at least -6.31% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Bundeena the average time real estate has been on the market is 72.7 days.
A $650 per week rent on the median house gives suburb investors a gross yield of circa 3.77%, without taking into account capital value appreciation, which has been averaging out at 4.50%.