If you compare the increase in value of investment property in South West Rocks, 2431 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.12%.
While South West Rocks,2431 ranked number 789th in NSW for increase in median house value (annualised) increase, it is ranked 1153th over the last 5 years.
South West Rocks2431 is located in NSW which offers an average discount of -5.49% to property investors. South West Rocks itself is showing figures that indicate -4.17% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 12.00 sales per month, which equates to 144 per year.
South West Rocks, 2431’s gross rental yield is 5.05%
At number 942th in the list of Australian suburbs ordered by increase in median house value over the last year, South West Rocks, 2431 is in the BOTTOM 50% with a property value increase of 1.85% recorded in median house prices.
A 8.91% growth in median value for property investors in South West Rocks,2431 puts this suburb at number 378th in terms of best performing suburbs in NSW
At number 148th of NSW’s most discounted properties, South West Rocks is in the bottom 40% of the state/territory when listing in order of most discounted to least.
At number 1356 in a list of fastest selling suburbs, South West Rocks is in the bottom 10% of suburbs in Australia with an average of days on market 123.54 for properties listed there.
Using the current median advertised rental of $335 and the average annual increase in value of a median property of 1.35%, investors should hope to achieve an overall return of 6.33%