NSW has seen average median house prices change by 6.87% which means that Ellalong, 2325 has done well for property investors by showing a capital gain of 8.39% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ellalong has increased when compared to the 5 year average annual rate.
Vendor discounting in Ellalong is giving property investors an average Vendor Discount of around -3.38%. This puts suburb at number 1081th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Ellalong the average time real estate has been on the market is 88.2 days.
Advertised rents are around the $300 mark per week – giving a return of 3.71% based on the median price in Suburb