With a capital gain of 3.38% for the last 12 months, Salamander Bay, 2317 has performed for property investments than its average annual 3.11% property growth over the last 5 years.
Over the longer term, Salamander Bay has seen property prices show investors a 30.18% 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 -5.02% is being offered, which puts this NSW suburb at 2535th most discounted overall in Australia.
At number 1442 in a list of fastest selling suburbs, Salamander Bay is in the TOP 40% of suburbs in Australia with an average of days on market 72.21 for properties listed there.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 4.07%, without taking into account capital value appreciation, which has been averaging out at 3.11%.
Giving property investors a an unimpressive capital gain of -0.65% for the last year, Salamander Bay, 2317 is the 1148th highest performer in Australia in this respect.
Salamander Bay,2317 has offered an average of -0.65% return per annum in house price rises to property investors over the last three years.
Salamander Bay2317 is located in NSW which offers an average discount of -4.45% to property investors. Salamander Bay itself is showing figures that indicate -6.04% is the average achievable by property buyers investing in the suburb.
In the last year 46 properties changed hands in Salamander Bay, which puts it as the 278th most active market in NSW when comparing the number of sales per suburb.