Investment property in East Maitland has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.86%
While East Maitland,2323 ranked number 902th in NSW for increase in median house value (annualised) increase, it is ranked 1051th over the last 5 years.
East Maitland, 2323 is offering NSW ‘s 864th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
At number 1482 in a list of fastest selling suburbs, East Maitland is in the TOP 40% of suburbs in Australia with an average of days on market 70.26 for properties listed there.
Renters in Suburb are facing rents around $4380 per annum or $365 every week.
Property investors who have had real estate in East Maitland, 2323 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.29%
The five-year average increase in median property values for East Maitland,2323 has given property investors a potential capital gain of 10.09% across each of those five years.
Sellers are offering property buyers an average discount of -3.27% to buyers in East Maitland at the moment, which is less than average for the rest of NSW.
Property investors should expect to get $295 weekly from the median priced house in this suburb.
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.