Over the last year, property investments in Ettalong Beach, 2257 have given investors a capital gain of 15.09%. This compares favourably with the 8.99% for NSW as a whole.
While Ettalong Beach,2257 ranked number 479th in NSW for increase in median house value (annualised) increase, it is ranked 134th over the last 5 years.
Sellers are offering property buyers an average discount of -4.35% to buyers in Ettalong Beach at the moment, which is less than average for the rest of NSW.
Ettalong Beach, 2257’s gross rental yield is 3.41%
Investment property in Ettalong Beach has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.63%
Ettalong Beach,2257 was ranked 1261 in Australia by increase in median property value over the quarter.
Ettalong Beach2257 is located in NSW which offers an average discount of -4.45% to property investors. Ettalong Beach itself is showing figures that indicate -6.14% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 8.75 sales per month, which equates to 105 per year.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 4.22%, investors should hope to achieve an overall return of 4.06%