South West Rocks has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.54% to date .
Over the longer term, South West Rocks has seen property prices show investors a 17.91% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that South West Rocks is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 743th in terms of most discounted suburbs in NSW
Residents and property investors in South West Rocks have been waiting around 107.91 days to sell a property.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.74%, without taking into account capital value appreciation, which has been averaging out at 1.90%.
At number 124th in the list of Australian suburbs ordered by increase in median house value over the last year, South West Rocks, 2431 is in the top 10% with a property value increase of 22.90% recorded in median house prices.
Taking the average capital gain, or increase in median house value, South West Rocks,2431 has racked up an average of 22.90% over the period. This ranks it number 757th in the whole country for real estate investors looking at median house price increases.
South West Rocks, 2431 is offering NSW ‘s 202th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 5.69%, without taking into account capital value appreciation, which has been averaging out at 1.93%.