At number 606th in the list of Australian suburbs ordered by increase in median house value over the last year, Pokolbin, 2320 is in the top 20% with a property value increase of 15.07% recorded in median house prices.
If we look at median property appreciation over just the last three months, Pokolbin has given property investors a paper return of 0.90%. This puts Suburb as 967 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Pokolbin are currently offering property investors an average price cut of -4.27% below the asking price at the moment.
At number 2717 in a list of fastest selling suburbs, Pokolbin is in the bottom 30% of suburbs in Australia with an average of days on market 101.47 for properties listed there.
If you compare the increase in value of investment property in Pokolbin, 2320 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%.
Pokolbin,2320 has offered an average of 9.05% return per annum in house price rises to property investors over the last three years.
On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.