Over the last year, property investments in Elermore Vale, 2287 have given investors a capital gain of 11.46%. This compares averagely with the 9.74% for NSW as a whole.
While Elermore Vale,2287 ranked number 215th in NSW for increase in median house value (annualised) increase, it is ranked 978th over the last 5 years.
Our latest figures would indicate that property sellers in Elermore Vale are currently offering property investors an average price cut of -4.73% below the asking price at the moment.
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 6.24%.
Taking the average capital gain, or increase in median house value, Elermore Vale,2287 has racked up an average of 6.24% over the period. This ranks it number 315th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -2.69% to buyers in Elermore Vale at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Elermore Vale the average time real estate has been on the market is 62.08 days.
A $352.5 per week rent on the median house gives suburb investors a gross yield of circa 4.58%, without taking into account capital value appreciation, which has been averaging out at 6.20%.