With a capital gain of 8.51% for the last 12 months, Tea Gardens, 2324 has performed for property investments than its average annual 3.04% property growth over the last 5 years.
Across a shorter period, Tea Gardens, 2324 has seen a median price increase of 3.55% over the last quarter.
Property investors looking for a bargain in Tea Gardens should be aiming for at least -5.55% off the asking price, which is the average vendor discount being achieved at the moment.
Tea Gardens is 526th on a list of best yielding suburbs for rents in NSW with a 3.82% return
Property investors who have had real estate in Tea Gardens, 2324 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 18.05%
Tea Gardens,2324 has offered an average of 18.05% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Tea Gardens are currently offering property investors an average price cut of -3.40% below the asking price at the moment.
On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.
Property investors should expect to get $330 weekly from the median priced house in this suburb.