NSW has seen average median house prices change by 9.74% which means that Canton Beach, 2263 has done well for property investors by showing a capital gain of 25.65% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Canton Beach comes in at number 458th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.35% offered to property buyers. Sellers in Canton Beach itself are offering an average vendor discount of -8.84% to real estate investors.
With the median price for a house in Canton Beach being $485000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 3.75%