Salt Ash is in the bottom 10% in NSW when comparing median price capital growth over the last year. Salt Ash gave property investors a dismal capital gain figure when compared to the rest of the state, with -3.88%.
While Salt Ash,2318 ranked number 1266th in NSW for increase in median house value (annualised) increase, it is ranked 1183th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Salt Ash is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 182th in terms of most discounted suburbs in NSW
A $355 per week rent on the median house gives suburb investors a gross yield of circa 3.73%, without taking into account capital value appreciation, which has been averaging out at 1.85%.