Property investors who have had real estate in Valentine, 2280 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.00%
Comparing Valentine,2280 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Valentine is $660000, with sellers offering an average of -4.43% off the asking price.
Residents and property investors in Valentine have been waiting around 89.78 days to sell a property.
Renters in Suburb are facing rents around $5940 per annum or $495 every week.
If you compare the increase in value of investment property in Valentine, 2280 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.22%.
Taking the average capital gain, or increase in median house value, Valentine,2280 has racked up an average of 7.22% over the period. This ranks it number 620th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.48% offered to property buyers. Sellers in Valentine itself are offering an average vendor discount of -2.58% to real estate investors.
At number 783 in a list of fastest selling suburbs, Valentine is just in the bottom half of suburbs in Australia with an average of days on market 78 for properties listed there.
A $405 per week rent on the median house gives suburb investors a gross yield of circa 4.36%, without taking into account capital value appreciation, which has been averaging out at 4.31%.