Salamander Bay has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.55% to date .
Salamander Bay,2317 has offered an average of 7.55% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Salamander Bay should be aiming for at least -5.02% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 3.80%, investors should hope to achieve an overall return of 3.98%
Salamander Bay, 2317 ranked 254th in NSW when comparing growth in median property values or capital gain over the last 12 months. Salamander Bay is one of 3163 in our list for NSW
Over the longer term, Salamander Bay has seen property prices show investors a 24.54% return over the last 3 years. This is worse than over the last 12 months
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 Salamander Bay, 2317. Typically our figures indicate that -3.94% is being offered, which puts this NSW suburb at 1044th most discounted overall in Australia.
Advertised rents are around the $370 mark per week – giving a return of 5.16% based on the median price in Suburb