East Gosford has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.48% to date .
A 61.09% growth in median value for property investors in East Gosford,2250 puts this suburb at number 809th in terms of best performing suburbs in NSW
Our latest figures would indicate that property sellers in East Gosford are currently offering property investors an average price cut of -2.18% below the asking price at the moment.
On average over the past year, suburb has had 4.42 sales per month, which equates to 53 per year.
East Gosford is 546th on a list of best yielding suburbs for rents in NSW with a 3.68% return
If you compare the increase in value of investment property in East Gosford, 2250 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 11.88%.
Across a shorter period, East Gosford, 2250 has seen a median price increase of 4.74% over the last quarter.
Vendor discounting in East Gosford is giving property investors an average Vendor Discount of around -2.76%. This puts suburb at number 381th in NSW when ranking the most discounted suburbs.
Advertised rents are around the $420 mark per week – giving a return of 3.60% based on the median price in Suburb