If you compare the increase in value of investment property in Salamander Bay, 2317 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 9.05%.
Across a shorter period, Salamander Bay, 2317 has seen a median price increase of 5.53% over the last quarter.
Property investors looking for a bargain in Salamander Bay should be aiming for at least -5.92% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $420 weekly from the median priced house in this suburb.
Giving property investors a a solid capital gain of 14.56% for the last year, Salamander Bay, 2317 is the 257th highest performer in Australia in this respect.
While Salamander Bay,2317 ranked number 103th in NSW for increase in median house value (annualised) increase, it is ranked 390th over the last 5 years.
The most recent median price for Salamander Bay is $362000, with sellers offering an average of -5.16% off the asking price.
On average over the past year, suburb has had 3.92 sales per month, which equates to 47 per year.
Property investors should expect to get $355 weekly from the median priced house in this suburb.