Over the last year, property investments in Jesmond, 2299 have given investors a capital gain of 6.33%. This compares badly with the 9.05% for NSW as a whole.
The five-year average increase in median property values for Jesmond,2299 has given property investors a potential capital gain of 37.24% across each of those five years.
Jesmond2299 is located in NSW which offers an average discount of -5.45% to property investors. Jesmond itself is showing figures that indicate -7.75% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Jesmond being $470000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 3.87%
If you compare the increase in value of investment property in Jesmond, 2299 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.32%.
Jesmond,2299 has offered an average of 1.32% return per annum in house price rises to property investors over the last three years.
At number 384th of NSW’s most discounted properties, Jesmond is in the TOP 20% of the state/territory when listing in order of most discounted to least.
In the last year 33 properties changed hands in Jesmond, which puts it as the 356th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Jesmond being $346500 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 4.95%