Investment property in Lake Cathie has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.25%
If we look at median property appreciation over just the last three months, Lake Cathie has given property investors a paper return of 3.03%. This puts Suburb as 545 on a list of fastest fasting appreciating suburbs in NSW
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 Lake Cathie itself are offering an average vendor discount of -2.49% to real estate investors.
Often selling an investment property can take time, and in Lake Cathie the average time real estate has been on the market is 75.8 days.
Lake Cathie, 2445’s gross rental yield is 4.28%