Jesmond, 2299 ranked 847th in NSW when comparing growth in median property values or capital gain over the last 12 months. Jesmond is one of 3163 in our list for NSW
Jesmond,2299 has offered an average of 8.05% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Jesmond should be aiming for at least -7.47% off the asking price, which is the average vendor discount being achieved at the moment.
Jesmond is 448th on a list of best yielding suburbs for rents in NSW with a 3.87% return
If you compare the increase in value of investment property in Jesmond, 2299 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -1.15%.
Over the longer term, Jesmond has seen property prices show investors a 9.52% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -2.11% to buyers in Jesmond at the moment, which is less than average for the rest of NSW.
With the median price for a house in Jesmond being $345000 and the advertised rent reaching $325 the gross rental yield for property investors calculates out to be 4.90%