Investment property in Ourimbah has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 20.34%
When looking at the potential capital gains offered to property investors over the last 3 years, Ourimbah comes in at number 276th in NSW.
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 -5.99% is being offered, which puts this NSW suburb at 1548th most discounted overall in Australia.
Residents and property investors in Ourimbah have been waiting around 37.15 days to sell a property.
At number 173th 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 19.61% recorded in median house prices.
The five-year average increase in median property values for Ourimbah,2258 has given property investors a potential capital gain of 78.24% across each of those five years.
The most recent median price for Ourimbah is $454500, with sellers offering an average of -1.46% off the asking price.
Residents and property investors in Ourimbah have been waiting around 20 days to sell a property.
Renters in Suburb are facing rents around $4200 per annum or $350 every week.