Investment property in Elermore Vale has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.64%
Comparing Elermore Vale,2287 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Elermore Vale 2287 should be seeing an average reduction in asking price of around -4.55% . This means that Elermore Vale is holding prices well when compared to other suburbs in NSW.
Advertised rents are around the $405 mark per week – giving a return of 4.01% based on the median price in Suburb
If you compare the increase in value of investment property in Elermore Vale, 2287 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -4.00%.
Elermore Vale,2287 has offered an average of -4.00% return per annum in house price rises to property investors over the last three years.
The most recent median price for Elermore Vale is $360000, with sellers offering an average of -3.13% off the asking price.