Property value increases in Shortland have tracked close to the NSW average of 7.15% over the last 12 months.
A 22.58% growth in median value for property investors in Shortland,2307 puts this suburb at number 613th in terms of best performing suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Shortland is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 1084th in terms of most discounted suburbs in NSW
Property investors should expect to get $360 weekly from the median priced house in this suburb.
Over the last year, property investments in Shortland, 2307 have given investors a capital gain of -0.12%. This compares badly with the 6.59% 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 -0.12%. This puts Suburb as 339 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Shortland is $408500, with sellers offering an average of -1.52% off the asking price.
On average over the past year, suburb has had 3.25 sales per month, which equates to 39 per year.
Shortland, 2307’s gross rental yield is 5.35%