Over the last year, property investments in Scone, 2337 have given investors a capital gain of 7.69%. This compares averagely with the 8.26% for NSW as a whole.
If we look at median property appreciation over just the last three months, Scone has given property investors a paper return of 6.06%. This puts Suburb as 238 on a list of fastest fasting appreciating suburbs in NSW
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 -9.24% to real estate investors.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of 2.42%, investors should hope to achieve an overall return of 4.75%