If you compare the increase in value of investment property in Shortland, 2307 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 8.40%.
Shortland,2307 was ranked 2203 in Australia by increase in median property value over the quarter.
Property buyers and investors in Shortland 2307 should be seeing an average reduction in asking price of around -4.76% . This means that Shortland is holding prices well when compared to other suburbs in NSW.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 4.81%, without taking into account capital value appreciation, which has been averaging out at 5.00%.
Over the last year, property investments in Shortland, 2307 have given investors a capital gain of -3.12%. This compares very badly with the 6.96% for NSW as a whole.
If we look at median property appreciation over just the last three months, Shortland has given property investors a paper return of -0.69%. This puts Suburb as 460 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Shortland is giving property investors an average Vendor Discount of around -3.94%. This puts suburb at number 238th in NSW when ranking the most discounted suburbs.
Property investors should expect to get $420 weekly from the median priced house in this suburb.