Gloucester is in the bottom 30% in NSW when comparing median price capital growth over the last year. Gloucester gave property investors a disappointing capital gain figure when compared to the rest of the state, with 3.47%.
The five-year average increase in median property values for Gloucester,2422 has given property investors a potential capital gain of 3.06% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Gloucester is offering property investors an average of -5.55. This rate of discount on properties puts Suburb at number 240th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $275 and the average annual increase in value of a median property of 2.66%, investors should hope to achieve an overall return of 5.47%