NSW has seen average median house prices change by 9.74% which means that The Entrance, 2261 has done well for property investors by showing a capital gain of 20.43% over the last year
The Entrance,2261 was ranked 880 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in The Entrance are currently offering property investors an average price cut of -4.88% below the asking price at the moment.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 5.69%, investors should hope to achieve an overall return of 3.16%
The Entrance is an average performer in NSW when comparing median price capital growth over the last year. The Entrance gave property investors a average capital gain figure when compared to the rest of the state, with 4.35%.
The Entrance,2261 has offered an average of 4.35% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in The Entrance are currently offering property investors an average price cut of -5.39% below the asking price at the moment.
Often selling an investment property can take time, and in The Entrance the average time real estate has been on the market is 74.89 days.
Situated 61.32km from the CBD, The Entrance is one of Wyong localities in the postcode 2261.