Property value increases in The Entrance have tracked higher than the NSW average of 6.38% over the last 12 months.
The five-year average increase in median property values for The Entrance,2261 has given property investors a potential capital gain of 37.93% across each of those five years.
Property investors looking for a bargain in The Entrance should be aiming for at least -4.90% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 3.33 sales per month, which equates to 40 per year.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.71%, without taking into account capital value appreciation, which has been averaging out at 3.93%.
At number 595th in the list of Australian suburbs ordered by increase in median house value over the last year, The Entrance, 2261 is in the top 40% with a property value increase of 6.62% recorded in median house prices.
The Entrance,2261 has offered an average of 6.62% return per annum in house price rises to property investors over the last three years.
At number 69th of NSW’s most discounted properties, The Entrance is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in The Entrance the average time real estate has been on the market is 85.31 days.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 2.09%, investors should hope to achieve an overall return of 4.65%