NSW has seen average median house prices change by 9.74% which means that Ourimbah, 2258 has done well for property investors by showing a capital gain of 28.97% over the last year
If we look at median property appreciation over just the last three months, Ourimbah has given property investors a paper return of 0.73%. This puts Suburb as 1044 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Ourimbah 2258 should be seeing an average reduction in asking price of around -5.40% . This means that Ourimbah is holding prices well when compared to other suburbs in NSW.
At number 612 in a list of fastest selling suburbs, Ourimbah is in the TOP 20% of suburbs in Australia with an average of days on market 49.81 for properties listed there.
With the median price for a house in Ourimbah being $690000 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 3.32%
Property value increases in Ourimbah have tracked higher than the NSW average of 6.96% over the last 12 months.
A 72.55% growth in median value for property investors in Ourimbah,2258 puts this suburb at number 99th in terms of best performing suburbs in NSW
Ourimbah, 2258 is offering NSW ‘s 155th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.