Property investors who have had real estate in Elermore Vale, 2287 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.05%
When looking at the potential capital gains offered to property investors over the last 3 years, Elermore Vale comes in at number 1230th in NSW.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Elermore Vale, 2287. Typically our figures indicate that -4.48% is being offered, which puts this NSW suburb at 2904th most discounted overall in Australia.
Often selling an investment property can take time, and in Elermore Vale the average time real estate has been on the market is 51.88 days.
The NSW suburb of Elermore Vale, 2287 is in the Newcastle local government area.
Giving property investors a an unimpressive capital gain of -2.84% for the last year, Elermore Vale, 2287 is the 1317th highest performer in Australia in this respect.
Vendor discounting in Elermore Vale is giving property investors an average Vendor Discount of around -2.92%. This puts suburb at number 401th in NSW when ranking the most discounted suburbs.
Property investors should expect to get $350 weekly from the median priced house in this suburb.