If you compare the increase in value of investment property in Erina, 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 8.72%.
When looking at the potential capital gains offered to property investors over the last 3 years, Erina comes in at number 841th in NSW.
LACK OF BUYER INTEREST may well be the reason that Erina is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 1096th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Erina the average time real estate has been on the market is 51.29 days.
Erina has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 0.64% to date .
Erina,2250 was ranked 1348 in Australia by increase in median property value over the quarter.
The most recent median price for Erina is $453000, with sellers offering an average of -2.93% off the asking price.