Over the last year, property investments in Salamander Bay, 2317 have given investors a capital gain of 7.75%. This compares averagely with the 6.87% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Salamander Bay comes in at number 851th in NSW.
Salamander Bay2317 is located in NSW which offers an average discount of -5.49% to property investors. Salamander Bay itself is showing figures that indicate -4.68% is the average achievable by property buyers investing in the suburb.
At number 1533 in a list of fastest selling suburbs, Salamander Bay is just in the top half of suburbs in Australia with an average of days on market 73.71 for properties listed there.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.83%, without taking into account capital value appreciation, which has been averaging out at 3.11%.
Over the last year, property investments in Salamander Bay, 2317 have given investors a capital gain of 8.72%. This compares favourably with the 5.41% for NSW as a whole.
A 22.54% growth in median value for property investors in Salamander Bay,2317 puts this suburb at number 106th in terms of best performing suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.42% offered to property buyers. Sellers in Salamander Bay itself are offering an average vendor discount of -6.09% to real estate investors.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 0.55%, investors should hope to achieve an overall return of 5.18%