Property value increases in South West Rocks have tracked close to the NSW average of 9.74% over the last 12 months.
The five-year average increase in median property values for South West Rocks,2431 has given property investors a potential capital gain of 7.16% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.35% offered to property buyers. Sellers in South West Rocks itself are offering an average vendor discount of -4.65% to real estate investors.
Using the current median advertised rental of $362.5 and the average annual increase in value of a median property of 1.62%, investors should hope to achieve an overall return of 4.75%
At number 442th 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 30% with a property value increase of 10.00% recorded in median house prices.
South West Rocks,2431 has offered an average of 10.00% return per annum in house price rises to property investors over the last three years.
Vendor discounting in South West Rocks is giving property investors an average Vendor Discount of around -4.09%. This puts suburb at number 229th in NSW when ranking the most discounted suburbs.
Residents and property investors in South West Rocks have been waiting around 115.28 days to sell a property.
The NSW suburb of South West Rocks, 2431 is in the Kempsey local government area.