At number 1357th in the list of Australian suburbs ordered by increase in median house value over the last year, Old Bar, 2430 is in the top 40% with a property value increase of 9.14% recorded in median house prices.
Old Bar,2430 has offered an average of 9.14% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Old Bar should be aiming for at least -2.88% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $350 mark per week – giving a return of 4.76% based on the median price in Suburb
Investment property in Old Bar has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.50%
Old Bar,2430 has offered an average of 17.50% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Old Bar, 2430. Typically our figures indicate that -2.65% is being offered, which puts this NSW suburb at 1358th most discounted overall in Australia.