Property investors who have had real estate in Elermore Vale, 2287 should be ok 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 3.15%
Elermore Vale,2287 was ranked 1735 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -3.76% to buyers in Elermore Vale at the moment, which is less than average for the rest of NSW.
Property investors should expect to get $400 weekly from the median priced house in this suburb.
Elermore Vale is an average performer in NSW when comparing median price capital growth over the last year. Elermore Vale gave property investors a average capital gain figure when compared to the rest of the state, with 6.15%.
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.
Our latest figures would indicate that property sellers in Elermore Vale are currently offering property investors an average price cut of -1.66% below the asking price at the moment.