If you compare the increase in value of investment property in Paterson, 2421 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 36.93%.
Across a shorter period, Paterson, 2421 has seen a median price increase of 18.49% over the last quarter.
Property investors looking for a bargain in Paterson should be aiming for at least -4.15% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 11 properties changed hands in Paterson, which puts it as the 1414th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Paterson, 2421 is in the Dungog local government area.