Cronulla is an average performer in NSW when comparing median price capital growth over the last year. Cronulla gave property investors a good capital gain figure when compared to the rest of the state, with 13.10%.
The five-year average increase in median property values for Cronulla,2230 has given property investors a potential capital gain of 75.05% across each of those five years.
Property investors looking for a bargain in Cronulla should be aiming for at least -11.06% off the asking price, which is the average vendor discount being achieved at the moment.
A $880 per week rent on the median house gives suburb investors a gross yield of circa 2.04%, without taking into account capital value appreciation, which has been averaging out at 8.28%.
Giving property investors a a stable capital gain of 9.47% for the last year, Cronulla, 2230 is the 497th highest performer in Australia in this respect.
Cronulla,2230 was ranked 1113 in Australia by increase in median property value over the quarter.
Property buyers and investors in Cronulla 2230 should be seeing an average reduction in asking price of around -4.55% . This means that Cronulla is holding prices well when compared to other suburbs in NSW.