Elermore Vale is in the bottom 20% in NSW when comparing median price capital growth over the last year. Elermore Vale gave property investors a dismal capital gain figure when compared to the rest of the state, with -2.58%.
Elermore Vale,2287 has offered an average of -2.58% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Elermore Vale is giving property investors an average Vendor Discount of around -3.91%. This puts suburb at number 965th in NSW when ranking the most discounted suburbs.
At number 689 in a list of fastest selling suburbs, Elermore Vale is in the TOP 20% of suburbs in Australia with an average of days on market 53.24 for properties listed there.
Property value increases in Elermore Vale have tracked close to the NSW average of 6.92% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Elermore Vale has increased when compared to the 5 year average annual rate.
Elermore Vale, 2287 is offering NSW ‘s 453th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.
The NSW suburb of Elermore Vale, 2287 is in the Newcastle local government area.