Giving property investors a a solid capital gain of 15.12% for the last year, Lake Munmorah, 2259 is the 754th highest performer in Australia in this respect.
Across a shorter period, Lake Munmorah, 2259 has seen a median price increase of 4.89% over the last quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in Lake Munmorah itself are offering an average vendor discount of -5.15% to real estate investors.
In the last year 117 properties changed hands in Lake Munmorah, which puts it as the 210th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 5.95%, investors should hope to achieve an overall return of 4.30%