Property investors who have had real estate in Dudley, 2290 should be 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 -4.71%
Taking the average capital gain, or increase in median house value, Dudley,2290 has racked up an average of -4.71% over the period. This ranks it number 2674th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Dudley itself are offering an average vendor discount of -6.75% to real estate investors.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 3.24%, without taking into account capital value appreciation, which has been averaging out at 5.62%.