Property value increases in Caves Beach have tracked close to the NSW average of 11.06% over the last 12 months.
Taking the average capital gain, or increase in median house value, Caves Beach,2281 has racked up an average of 12.60% over the period. This ranks it number 1365th 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 -5.22% offered to property buyers. Sellers in Caves Beach itself are offering an average vendor discount of -3.82% to real estate investors.
In the last year 55 properties changed hands in Caves Beach, which puts it as the 611th most active market in NSW when comparing the number of sales per suburb.
Caves Beach, 2281’s gross rental yield is 3.56%