Giving property investors a an unimpressive capital gain of -2.00% for the last year, The Hill, 2300 is the 3134th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, The Hill has given property investors a paper return of -8.68%. This puts Suburb as 1350 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for The Hill is $1105000, with sellers offering an average of -9.48% off the asking price.
On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.
Situated 116.54km from the CBD, The Hill is one of Newcastle localities in the postcode 2300.
If you compare the increase in value of investment property in The 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 7.32%.
The five-year average increase in median property values for The Hill,2300 has given property investors a potential capital gain of 60.73% across each of those five years.
The Hill, 2300 is offering NSW ‘s 326th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
On average over the past year, suburb has had 6.67 sales per month, which equates to 80 per year.
Property investors should expect to get $350 weekly from the median priced house in this suburb.