Over the last year, property investments in East Gosford, 2250 have given investors a capital gain of 5.92%. This compares averagely with the 7.47% for NSW as a whole.
While East Gosford,2250 ranked number 446th in NSW for increase in median house value (annualised) increase, it is ranked 568th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in East Gosford itself are offering an average vendor discount of -1.65% to real estate investors.
Property investors should expect to get $465 weekly from the median priced house in this suburb.
With a capital gain of 10.38% for the last 12 months, East Gosford, 2250 has performed for property investments than its average annual 5.58% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in East Gosford has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that East Gosford is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 356th in terms of most discounted suburbs in NSW