Long Jetty has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 17.40% to date .
Over the longer term, Long Jetty has seen property prices show investors a 62.07% return over the last 3 years. This is worse than over the last 12 months
Long Jetty, 2261 is offering NSW ‘s 561th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 7.82%, investors should hope to achieve an overall return of 2.95%
Long Jetty, 2261 ranked 423th in NSW when comparing growth in median property values or capital gain over the last 12 months. Long Jetty is one of 3163 in our list for NSW
Over the longer term, Long Jetty has seen property prices show investors a 42.37% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -5.43% to buyers in Long Jetty at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 8.17 sales per month, which equates to 98 per year.
With the median price for a house in Long Jetty being $420000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 4.46%