With a capital gain of 6.22% for the last 12 months, East Maitland, 2323 has performed for property investments than its average annual 3.90% property growth over the last 5 years.
A 21.12% growth in median value for property investors in East Maitland,2323 puts this suburb at number 509th in terms of best performing suburbs in NSW
Property buyers and investors in East Maitland 2323 should be seeing an average reduction in asking price of around -3.97% . This means that East Maitland is holding prices well when compared to other suburbs in NSW.
East Maitland is 228th on a list of best yielding suburbs for rents in NSW with a 4.69% return
NSW has seen average median house prices change by 7.74% which means that East Maitland, 2323 has done well for property investors by showing a capital gain of 2.13% over the last year
Taking the average capital gain, or increase in median house value, East Maitland,2323 has racked up an average of 2.13% over the period. This ranks it number 1309th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.16% offered to property buyers. Sellers in East Maitland itself are offering an average vendor discount of -3.95% to real estate investors.
With the median price for a house in East Maitland being $288000 and the advertised rent reaching $295 the gross rental yield for property investors calculates out to be 5.33%
Located in the Lower Hunter Valley, around 25km northwest of Newcastle and 160km north of Sydney, East Maitland is part of the larger city of Maitland. The other suburbs that make up the city include nearby Rutherford, Maitland and Ashtonfield.Full summary
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Located in the Lower Hunter Valley, around 25km northwest of Newcastle and 160km north of Sydney, East Maitland is part of the larger city of Maitland. The other suburbs that make up the city include nearby Rutherford, Maitland and Ashtonfield.