Over the last year, property investments in South West Rocks, 2431 have given investors a capital gain of 8.59%. This compares averagely with the 8.26% for NSW as a whole.
Across a shorter period, South West Rocks, 2431 has seen a median price increase of 1.28% over the last quarter.
Property investors looking for a bargain in South West Rocks should be aiming for at least -4.04% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 1.70%, investors should hope to achieve an overall return of 4.87%
With a capital gain of 9.62% for the last 12 months, South West Rocks, 2431 has performed for property investments than its average annual 1.46% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, South West Rocks comes in at number 441th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in South West Rocks itself are offering an average vendor discount of -4.68% to real estate investors.
South West Rocks, 2431’s gross rental yield is 5.84%