If you compare the increase in value of investment property in Ettalong Beach, 2257 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.61%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ettalong Beach has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Ettalong Beach should be aiming for at least -4.68% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $400 mark per week – giving a return of 3.33% based on the median price in Suburb
Ettalong Beach, 2257 ranked 315th in NSW when comparing growth in median property values or capital gain over the last 12 months. Ettalong Beach is one of 3162 in our list for NSW
Ettalong Beach,2257 was ranked 493 in Australia by increase in median property value over the quarter.
Vendor discounting in Ettalong Beach is giving property investors an average Vendor Discount of around -6.49%. This puts suburb at number 47th in NSW when ranking the most discounted suburbs.
In the last year 113 properties changed hands in Ettalong Beach, which puts it as the 125th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Ettalong Beach, 2257 is in the Gosford local government area.