Property investors who have had real estate in East Gosford, 2250 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.33%
The five-year average increase in median property values for East Gosford,2250 has given property investors a potential capital gain of 54.04% across each of those five years.
Sellers are offering property buyers an average discount of -2.38% to buyers in East Gosford at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 4.08 sales per month, which equates to 49 per year.
With the median price for a house in East Gosford being $620000 and the advertised rent reaching $465 the gross rental yield for property investors calculates out to be 3.90%
Property value increases in East Gosford have tracked just higher than the NSW average of 5.41% over the last 12 months.
Taking the average capital gain, or increase in median house value, East Gosford,2250 has racked up an average of 11.65% over the period. This ranks it number 66th in the whole country for real estate investors looking at median house price increases.
The most recent median price for East Gosford is $560500, with sellers offering an average of -3.38% off the asking price.