If you compare the increase in value of investment property in Cronulla, 2230 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.63%.
Across a shorter period, Cronulla, 2230 has seen a median price increase of 1.63% over the last quarter.
Cronulla, 2230 is offering NSW ‘s 70th 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.
A $880 per week rent on the median house gives suburb investors a gross yield of circa 2.30%, without taking into account capital value appreciation, which has been averaging out at 7.74%.
Property value increases in Cronulla have tracked just higher than the NSW average of 6.22% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Cronulla comes in at number 140th in NSW.
Cronulla, 2230 is offering NSW ‘s 275th 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 138 in a list of fastest selling suburbs, Cronulla is in the TOP 10% of suburbs in Australia with an average of days on market 40.88 for properties listed there.
Advertised rents are around the $500 mark per week – giving a return of 3.17% based on the median price in Suburb