With the median price for a house in Gosford being $1050000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 1.88%
Property value increases in Gosford have tracked close to the NSW average of 6.07% over the last 12 months.
A 56.94% growth in median value for property investors in Gosford,2250 puts this suburb at number 327th in terms of best performing suburbs in NSW
Property investors looking for a bargain in Gosford should be aiming for at least -4.31% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 15.25 sales per month, which equates to 183 per year.
Advertised rents are around the $370 mark per week – giving a return of 4.69% based on the median price in Suburb