NSW has seen average median house prices change by 6.38% which means that Avoca Beach, 2251 has done well for property investors by showing a capital gain of 6.58% over the last year
Over the longer term, Avoca Beach has seen property prices show investors a 36.82% return over the last 3 years. This is worse than over the last 12 months
At number 332th 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.
Often selling an investment property can take time, and in Avoca Beach the average time real estate has been on the market is 83.03 days.
Property investors should expect to get $580 weekly from the median priced house in this suburb.
Avoca Beach is in the TOP 10% in NSW when comparing median price capital growth over the last year. Avoca Beach gave property investors a very good capital gain figure when compared to the rest of the state, with 18.04%.
Taking the average capital gain, or increase in median house value, Avoca Beach,2251 has racked up an average of 18.04% over the period. This ranks it number 196th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -5.60% to buyers in Avoca Beach at the moment, which is less than average for the rest of NSW.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 1.11%, investors should hope to achieve an overall return of 3.71%