With a capital gain of -4.35% for the last 12 months, Scone, 2337 has performed for property investments than its average annual 1.85% property growth over the last 5 years.
While Scone,2337 ranked number 391th in NSW for increase in median house value (annualised) increase, it is ranked 1172th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Scone itself are offering an average vendor discount of -9.52% to real estate investors.
In the last year 103 properties changed hands in Scone, which puts it as the 275th most active market in NSW when comparing the number of sales per suburb.
Situated 202.33km from the CBD, Scone is one of Upper Hunter Shire localities in the postcode 2337.
Comparing Scone,2337 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
With the median price for a house in Scone being $154000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 8.44%