NSW has seen average median house prices change by 9.05% which means that Ellalong, 2325 has done well for property investors by showing a capital gain of 3.66% over the last year
Taking the average capital gain, or increase in median house value, Ellalong,2325 has racked up an average of 3.66% over the period. This ranks it number 1466th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Ellalong are currently offering property investors an average price cut of -3.26% below the asking price at the moment.
On average over the past year, suburb has had 1.92 sales per month, which equates to 23 per year.
With the median price for a house in Ellalong being $425000 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 3.79%