If you compare the increase in value of investment property in Cooks Hill, 2300 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 28.07%.
Comparing Cooks Hill,2300 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cooks Hill, 2300. Typically our figures indicate that -4.38% is being offered, which puts this NSW suburb at 2821th most discounted overall in Australia.
The NSW suburb of Cooks Hill, 2300 is in the Newcastle local government area.
Cooks Hill has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 11.56% to date .
Over the longer term, Cooks Hill has seen property prices show investors a 57.34% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Cooks Hill is $605750, with sellers offering an average of -1.97% off the asking price.
Cooks Hill, 2300’s gross rental yield is 3.61%