NSW has seen average median house prices change by 6.87% which means that South West Rocks, 2431 has done well for property investors by showing a capital gain of 5.71% over the last year
Across a shorter period, South West Rocks, 2431 has seen a median price increase of 0.91% over the last quarter.
Property investors looking for a bargain in South West Rocks should be aiming for at least -4.22% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $375 and the average annual increase in value of a median property of 1.35%, investors should hope to achieve an overall return of 5.02%
Giving property investors a a stable capital gain of 8.65% for the last year, South West Rocks, 2431 is the 441th highest performer in Australia in this respect.
Comparing South West Rocks,2431 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -5.04% to buyers in South West Rocks at the moment, which is less than average for the rest of NSW.
Using the current median advertised rental of $327.5 and the average annual increase in value of a median property of 0.77%, investors should hope to achieve an overall return of 6.03%