Investment property in Tea Gardens 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 6.60%
A 43.84% growth in median value for property investors in Tea Gardens,2324 puts this suburb at number 897th in terms of best performing 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 Tea Gardens, 2324. Typically our figures indicate that -4.04% is being offered, which puts this NSW suburb at 2933th most discounted overall in Australia.
Property investors should expect to get $377.5 weekly from the median priced house in this suburb.
Property value increases in Tea Gardens have tracked higher than the NSW average of 8.63% over the last 12 months.
Over the longer term, Tea Gardens has seen property prices show investors a 19.05% return over the last 3 years. This is an improvement over the last 12 months
Sellers are offering property buyers an average discount of -4.46% to buyers in Tea Gardens at the moment, which is less than average for the rest of NSW.
Situated 151.88km from the CBD, Tea Gardens is one of Great Lakes localities in the postcode 2324.