Property investors who have had real estate in Hawks Nest, 2324 should be 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 21.40%
When looking at the potential capital gains offered to property investors over the last 3 years, Hawks Nest comes in at number 733th in NSW.
Property buyers and investors in Hawks Nest 2324 should be seeing an average reduction in asking price of around -8.23% . This means that Hawks Nest is holding prices well when compared to other suburbs in NSW.
If you compare the increase in value of investment property in Hawks Nest, 2324 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 17.26%.
If we look at median property appreciation over just the last three months, Hawks Nest has given property investors a paper return of 0.70%. This puts Suburb as 315 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Hawks Nest are currently offering property investors an average price cut of -6.63% below the asking price at the moment.
Residents and property investors in Hawks Nest have been waiting around 156.03 days to sell a property.
With the median price for a house in Hawks Nest being $360000 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 3.90%