At number 1705th in the list of Australian suburbs ordered by increase in median house value over the last year, Cronulla, 2230 is in the top half with a property value increase of 5.96% recorded in median house prices.
The five-year average increase in median property values for Cronulla,2230 has given property investors a potential capital gain of 42.18% across each of those five years.
Cronulla2230 is located in NSW which offers an average discount of -5.50% to property investors. Cronulla itself is showing figures that indicate -5.87% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $900 mark per week – giving a return of 2.39% based on the median price in Suburb
With a capital gain of 7.00% for the last 12 months, Cronulla, 2230 has performed for property investments than its average annual 6.50% property growth over the last 5 years.
Cronulla,2230 has offered an average of 7.00% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.45% offered to property buyers. Sellers in Cronulla itself are offering an average vendor discount of -3.99% to real estate investors.
Cronulla, 2230’s gross rental yield is 3.40%