Giving property investors a an average capital gain of 3.38% for the last year, East Maitland, 2323 is the 2277th highest performer in Australia in this respect.
Over the longer term, East Maitland has seen property prices show investors a 7.73% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in East Maitland should be aiming for at least -4.55% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in East Maitland the average time real estate has been on the market is 80.12 days.
Advertised rents are around the $360 mark per week – giving a return of 4.80% based on the median price in Suburb
NSW has seen average median house prices change by 6.59% which means that East Maitland, 2323 has done well for property investors by showing a capital gain of -6.90% over the last year
A -6.41% growth in median value for property investors in East Maitland,2323 puts this suburb at number 501th in terms of best performing suburbs in NSW
East Maitland2323 is located in NSW which offers an average discount of -4.48% to property investors. East Maitland itself is showing figures that indicate -4.02% is the average achievable by property buyers investing in the suburb.
With the median price for a house in East Maitland being $270000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 5.59%
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
Information supplied by:
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.