If you compare the increase in value of investment property in The Entrance, 2261 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 16.51%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in The Entrance has increased when compared to the 5 year average annual rate.
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 The Entrance itself are offering an average vendor discount of -5.25% to real estate investors.
The Entrance, 2261’s gross rental yield is 3.11%
At number 796th in the list of Australian suburbs ordered by increase in median house value over the last year, The Entrance, 2261 is in the top half with a property value increase of 4.48% recorded in median house prices.
The Entrance,2261 was ranked 590 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in The Entrance should be aiming for at least -5.44% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 2.31%, investors should hope to achieve an overall return of 4.46%