Property investors who have had real estate in Ettalong Beach, 2257 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.12%
The five-year average increase in median property values for Ettalong Beach,2257 has given property investors a potential capital gain of 80.71% across each of those five years.
Sellers are offering property buyers an average discount of -4.41% to buyers in Ettalong Beach at the moment, which is less than average for the rest of NSW.
Ettalong Beach is an average performer in NSW when comparing median price capital growth over the last year. Ettalong Beach gave property investors a average capital gain figure when compared to the rest of the state, with 6.60%.
While Ettalong Beach,2257 ranked number 242th in NSW for increase in median house value (annualised) increase, it is ranked 131th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.42% offered to property buyers. Sellers in Ettalong Beach itself are offering an average vendor discount of -6.09% to real estate investors.
Advertised rents are around the $400 mark per week – giving a return of 3.96% based on the median price in Suburb