NSW has seen average median house prices change by 7.28% which means that Salamander Bay, 2317 has done well for property investors by showing a capital gain of 1.80% over the last year
Salamander Bay,2317 has offered an average of 1.80% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Salamander Bay is giving property investors an average Vendor Discount of around -4.33%. This puts suburb at number 866th in NSW when ranking the most discounted suburbs.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.87%, without taking into account capital value appreciation, which has been averaging out at 3.42%.
With a capital gain of 8.21% for the last 12 months, Salamander Bay, 2317 has performed for property investments than its average annual 0.28% property growth over the last 5 years.
Over the longer term, Salamander Bay has seen property prices show investors a 28.09% return over the last 3 years. This is worse than over the last 12 months
Salamander Bay2317 is located in NSW which offers an average discount of -4.41% to property investors. Salamander Bay itself is showing figures that indicate -5.75% is the average achievable by property buyers investing in the suburb.
Situated 143.41km from the CBD, Salamander Bay is one of Port Stephens localities in the postcode 2317.