Over the last year, property investments in Tea Gardens, 2324 have given investors a capital gain of 11.17%. This compares favourably with the 7.93% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Tea Gardens,2324 has racked up an average of 11.17% over the period. This ranks it number 1164th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Tea Gardens should be aiming for at least -5.22% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Tea Gardens the average time real estate has been on the market is 91.62 days.
Renters in Suburb are facing rents around $4380 per annum or $365 every week.
Tea Gardens, 2324 ranked 460th in NSW when comparing growth in median property values or capital gain over the last 12 months. Tea Gardens is one of 3162 in our list for NSW
Across a shorter period, Tea Gardens, 2324 has seen a median price increase of 1.52% over the last quarter.
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 -3.77% is being offered, which puts this NSW suburb at 1154th most discounted overall in Australia.