Investment property in East Gosford has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.91%
If we look at median property appreciation over just the last three months, East Gosford has given property investors a paper return of 3.40%. This puts Suburb as 483 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for East Gosford is $630744, with sellers offering an average of -2.44% off the asking price.
Often selling an investment property can take time, and in East Gosford the average time real estate has been on the market is 39.82 days.
Giving property investors a a stable capital gain of 8.89% for the last year, East Gosford, 2250 is the 451th highest performer in Australia in this respect.
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.
Property investors looking for a bargain in East Gosford should be aiming for at least -3.35% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 40.23km from the CBD, East Gosford is one of Gosford localities in the postcode 2250.