With a capital gain of 10.41% for the last 12 months, Avoca Beach, 2251 has performed for property investments than its average annual 4.86% property growth over the last 5 years.
Over the longer term, Avoca Beach has seen property prices show investors a 42.28% return over the last 3 years. This is worse than over the last 12 months
At number 246th of NSW’s most discounted properties, Avoca Beach is in the bottom 30% of the state/territory when listing in order of most discounted to least.
At number 940 in a list of fastest selling suburbs, Avoca Beach is in the TOP 30% of suburbs in Australia with an average of days on market 55.11 for properties listed there.
Advertised rents are around the $520 mark per week – giving a return of 3.09% based on the median price in Suburb
With a capital gain of 13.31% for the last 12 months, Avoca Beach, 2251 has performed for property investments than its average annual 2.43% property growth over the last 5 years.
Sellers are offering property buyers an average discount of -4.41% to buyers in Avoca Beach at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Avoca Beach the average time real estate has been on the market is 72.7 days.
With the median price for a house in Avoca Beach being $787500 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.30%