At number 1159th in the list of Australian suburbs ordered by increase in median house value over the last year, Tea Gardens, 2324 is in the top 30% with a property value increase of 9.41% recorded in median house prices.
A 39.86% growth in median value for property investors in Tea Gardens,2324 puts this suburb at number 720th 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 -6.08% is being offered, which puts this NSW suburb at 1829th most discounted overall in Australia.
At number 946th in the list of Australian suburbs ordered by increase in median house value over the last year, Tea Gardens, 2324 is in the BOTTOM 50% with a property value increase of 1.49% recorded in median house prices.
While Tea Gardens,2324 ranked number 221th in NSW for increase in median house value (annualised) increase, it is ranked 450th over the last 5 years.
Our latest figures would indicate that property sellers in Tea Gardens are currently offering property investors an average price cut of -4.32% below the asking price at the moment.
The NSW suburb of Tea Gardens, 2324 is in the Great Lakes local government area.