Investment property in Cundletown has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.39%
Taking the average capital gain, or increase in median house value, Cundletown,2430 has racked up an average of 8.39% over the period. This ranks it number 1662th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Cundletown 2430 should be seeing an average reduction in asking price of around -2.85% . This means that Cundletown is holding prices well when compared to other suburbs in NSW.
At number 603 in a list of fastest selling suburbs, Cundletown is in the TOP 20% of suburbs in Australia with an average of days on market 49.42 for properties listed there.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 5.83%, without taking into account capital value appreciation, which has been averaging out at 2.00%.