With a capital gain of -0.90% for the last 12 months, Cronulla, 2230 has performed for property investments than its average annual 7.14% property growth over the last 5 years.
Across a shorter period, Cronulla, 2230 has seen a median price increase of -0.64% over the last quarter.
Cronulla, 2230 is offering NSW ‘s 285th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
With the median price for a house in Cronulla being $1937500 and the advertised rent reaching $875 the gross rental yield for property investors calculates out to be 2.35%
Over the last year, property investments in Cronulla, 2230 have given investors a capital gain of 9.46%. This compares favourably with the 6.07% for NSW as a whole.
Cronulla,2230 was ranked 291 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Cronulla are currently offering property investors an average price cut of -3.64% below the asking price at the moment.
On average over the past year, suburb has had 36.42 sales per month, which equates to 437 per year.
The NSW suburb of Cronulla, 2230 is in the Sutherland Shire local government area.