Over the last year, property investments in Ettalong Beach, 2257 have given investors a capital gain of 12.18%. This compares favourably with the 8.26% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Ettalong Beach comes in at number 172th in NSW.
Property investors looking for a bargain in Ettalong Beach should be aiming for at least -4.11% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 6.00 sales per month, which equates to 72 per year.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 7.08%, investors should hope to achieve an overall return of 3.12%
At number 596th in the list of Australian suburbs ordered by increase in median house value over the last year, Ettalong Beach, 2257 is in the top 40% with a property value increase of 6.50% recorded in median house prices.
Across a shorter period, Ettalong Beach, 2257 has seen a median price increase of 0.47% over the last quarter.
Sellers are offering property buyers an average discount of -5.52% to buyers in Ettalong Beach at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Ettalong Beach the average time real estate has been on the market is 85.28 days.
Ettalong Beach, 2257’s gross rental yield is 3.91%