Greta is in the bottom 40% in NSW when comparing median price capital growth over the last year. Greta gave property investors a disappointing capital gain figure when compared to the rest of the state, with 6.65%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Greta has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.52% offered to property buyers. Sellers in Greta itself are offering an average vendor discount of -6.39% to real estate investors.
Greta, 2334’s gross rental yield is 5.28%