NSW has seen average median house prices change by 10.55% which means that Ourimbah, 2258 has done well for property investors by showing a capital gain of 27.04% over the last year
While Ourimbah,2258 ranked number 1070th in NSW for increase in median house value (annualised) increase, it is ranked 329th over the last 5 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 Ourimbah, 2258. Typically our figures indicate that -6.32% is being offered, which puts this NSW suburb at 1423th most discounted overall in Australia.
At number 236 in a list of fastest selling suburbs, Ourimbah is in the TOP 10% of suburbs in Australia with an average of days on market 35.66 for properties listed there.
Advertised rents are around the $440 mark per week – giving a return of 3.27% based on the median price in Suburb
At number 112th in the list of Australian suburbs ordered by increase in median house value over the last year, Ourimbah, 2258 is in the top 10% with a property value increase of 23.06% recorded in median house prices.
Ourimbah,2258 was ranked 187 in Australia by increase in median property value over the quarter.
Property buyers and investors in Ourimbah 2258 should be seeing an average reduction in asking price of around -1.54% . This means that Ourimbah is holding prices well when compared to other suburbs in NSW.
The NSW suburb of Ourimbah, 2258 is in the Wyong local government area.