Jesmond, 2299 ranked 564th 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
If we look at median property appreciation over just the last three months, Jesmond has given property investors a paper return of 0.53%. This puts Suburb as 973 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Jesmond are currently offering property investors an average price cut of -5.95% below the asking price at the moment.
Often selling an investment property can take time, and in Jesmond the average time real estate has been on the market is 51.96 days.
The NSW suburb of Jesmond, 2299 is in the Newcastle local government area.
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%.
The five-year average increase in median property values for Jesmond,2299 has given property investors a potential capital gain of 22.02% across each of those five years.
Vendor discounting in Jesmond is giving property investors an average Vendor Discount of around -1.33%. This puts suburb at number 459th in NSW when ranking the most discounted suburbs.