Investment property in Hawks Nest has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.68%
While Hawks Nest,2324 ranked number 661th in NSW for increase in median house value (annualised) increase, it is ranked 1197th over the last 5 years.
Vendor discounting in Hawks Nest is giving property investors an average Vendor Discount of around -7.30%. This puts suburb at number 217th in NSW when ranking the most discounted suburbs.
The NSW suburb of Hawks Nest, 2324 is in the Great Lakes local government area.
At number 614th in the list of Australian suburbs ordered by increase in median house value over the last year, Hawks Nest, 2324 is in the top 40% with a property value increase of 6.06% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Hawks Nest,2324 has racked up an average of 6.06% over the period. This ranks it number 467th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Hawks Nest are currently offering property investors an average price cut of -7.25% below the asking price at the moment.
On average over the past year, suburb has had 4.00 sales per month, which equates to 48 per year.
Situated 146.97km from the CBD, Hawks Nest is one of Great Lakes localities in the postcode 2324.