Property value increases in Cooks Hill have tracked higher than the NSW average of 7.47% over the last 12 months.
Cooks Hill,2300 was ranked 467 in Australia by increase in median property value over the quarter.
Cooks Hill, 2300 is offering NSW ‘s 836th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.
Renters in Suburb are facing rents around $6060 per annum or $505 every week.
If you compare the increase in value of investment property in Cooks Hill, 2300 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.84%.
Across a shorter period, Cooks Hill, 2300 has seen a median price increase of 2.80% over the last quarter.
Property buyers and investors in Cooks Hill 2300 should be seeing an average reduction in asking price of around -2.55% . This means that Cooks Hill is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 4.67 sales per month, which equates to 56 per year.
Situated 93.20km from the CBD, Cooks Hill is one of Newcastle localities in the postcode 2300.