North Haven has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.10% to date .
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in North Haven itself are offering an average vendor discount of -4.08% to real estate investors.
A $385 per week rent on the median house gives suburb investors a gross yield of circa 4.45%, without taking into account capital value appreciation, which has been averaging out at 4.22%.
Vendor discounting in North Haven is giving property investors an average Vendor Discount of around -5.85%. This puts suburb at number 74th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 0.83 sales per month, which equates to 10 per year.
Situated 289.68km from the CBD, North Haven is one of Port Macquarie-Hastings localities in the postcode 2443.