NSW has seen average median house prices change by 6.38% which means that Umina Beach, 2257 has done well for property investors by showing a capital gain of 6.14% over the last year
Umina Beach,2257 has offered an average of 6.14% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Umina Beach, 2257. Typically our figures indicate that -5.08% is being offered, which puts this NSW suburb at 2503th most discounted overall in Australia.
If you compare the increase in value of investment property in Umina Beach, 2257 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.26%.
While Umina Beach,2257 ranked number 360th in NSW for increase in median house value (annualised) increase, it is ranked 131th over the last 5 years.
Vendor discounting in Umina Beach is giving property investors an average Vendor Discount of around -3.97%. This puts suburb at number 277th in NSW when ranking the most discounted suburbs.
At number 398 in a list of fastest selling suburbs, Umina Beach is in the TOP 30% of suburbs in Australia with an average of days on market 59.68 for properties listed there.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 4.26%, without taking into account capital value appreciation, which has been averaging out at 3.98%.