Property investors who have had real estate in Nambucca Heads, 2448 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.13%
If we look at median property appreciation over just the last three months, Nambucca Heads has given property investors a paper return of 0.00%. This puts Suburb as 1060 on a list of fastest fasting appreciating suburbs in NSW
Nambucca Heads2448 is located in NSW which offers an average discount of -5.49% to property investors. Nambucca Heads itself is showing figures that indicate -6.03% is the average achievable by property buyers investing in the suburb.
In the last year 139 properties changed hands in Nambucca Heads, which puts it as the 147th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $350 mark per week – giving a return of 5.52% based on the median price in Suburb
Property value increases in Nambucca Heads have tracked higher than the NSW average of 5.73% over the last 12 months.
The five-year average increase in median property values for Nambucca Heads,2448 has given property investors a potential capital gain of 14.29% 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 -4.41% offered to property buyers. Sellers in Nambucca Heads itself are offering an average vendor discount of -5.60% to real estate investors.
Residents and property investors in Nambucca Heads have been waiting around 146.41 days to sell a property.
With the median price for a house in Nambucca Heads being $250000 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 5.62%