Giving property investors a an unimpressive capital gain of -2.58% for the last year, Elermore Vale, 2287 is the 3192th highest performer in Australia in this respect.
Across a shorter period, Elermore Vale, 2287 has seen a median price increase of -2.58% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Elermore Vale is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 867th in terms of most discounted suburbs in NSW
Residents and property investors in Elermore Vale have been waiting around 53.84 days to sell a property.
Property investors should expect to get $395 weekly from the median priced house in this suburb.
NSW has seen average median house prices change by 6.59% which means that Elermore Vale, 2287 has done well for property investors by showing a capital gain of 3.16% over the last year
Elermore Vale,2287 was ranked 1428 in Australia by increase in median property value over the quarter.
Property buyers and investors in Elermore Vale 2287 should be seeing an average reduction in asking price of around -1.66% . This means that Elermore Vale is holding prices well when compared to other suburbs in NSW.
In the last year 38 properties changed hands in Elermore Vale, which puts it as the 310th most active market in NSW when comparing the number of sales per suburb.
Elermore Vale is 131th on a list of best yielding suburbs for rents in NSW with a 4.90% return