If you compare the increase in value of investment property in North 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 10.45%.
Across a shorter period, North Gosford, 2250 has seen a median price increase of 5.86% over the last quarter.
Property buyers and investors in North Gosford 2250 should be seeing an average reduction in asking price of around -5.87% . This means that North Gosford is holding prices well when compared to other suburbs in NSW.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 3.99%, without taking into account capital value appreciation, which has been averaging out at 7.13%.
Investment property in North Gosford has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.22%
Over the longer term, North Gosford has seen property prices show investors a 40.63% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in North Gosford should be aiming for at least -3.43% off the asking price, which is the average vendor discount being achieved at the moment.
North Gosford is 196th on a list of best yielding suburbs for rents in NSW with a 4.39% return