Property value increases in South West Rocks have tracked close to the NSW average of 7.15% over the last 12 months.
Across a shorter period, South West Rocks, 2431 has seen a median price increase of 2.67% over the last quarter.
Property investors looking for a bargain in South West Rocks should be aiming for at least -4.25% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.
Property value increases in South West Rocks have tracked lower than the NSW average of 6.59% over the last 12 months.
While South West Rocks,2431 ranked number 446th in NSW for increase in median house value (annualised) increase, it is ranked 441th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.48% offered to property buyers. Sellers in South West Rocks itself are offering an average vendor discount of -5.14% to real estate investors.
Residents and property investors in South West Rocks have been waiting around 114.36 days to sell a property.
Using the current median advertised rental of $305 and the average annual increase in value of a median property of -1.21%, investors should hope to achieve an overall return of 6.66%