Hawks Nest is in the bottom 10% in NSW when comparing median price capital growth over the last year. Hawks Nest gave property investors a dismal capital gain figure when compared to the rest of the state, with -4.88%.
If we look at median property appreciation over just the last three months, Hawks Nest has given property investors a paper return of -2.38%. This puts Suburb as 1188 on a list of fastest fasting appreciating suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Hawks Nest, 2324. Typically our figures indicate that -7.15% is being offered, which puts this NSW suburb at 1124th most discounted overall in Australia.
With the median price for a house in Hawks Nest being $390000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.67%
Giving property investors a a stable capital gain of 10.24% for the last year, Hawks Nest, 2324 is the 424th highest performer in Australia in this respect.
Sellers are offering property buyers an average discount of -7.41% to buyers in Hawks Nest at the moment, which is less than average for the rest of NSW.
Hawks Nest is 378th on a list of best yielding suburbs for rents in NSW with a 3.86% return