Nambucca Heads has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 2.52% to date .
The five-year average increase in median property values for Nambucca Heads,2448 has given property investors a potential capital gain of 7.07% across each of those five years.
Our latest figures would indicate that property sellers in Nambucca Heads are currently offering property investors an average price cut of -6.21% below the asking price at the moment.
The NSW suburb of Nambucca Heads, 2448 is in the Nambucca local government area.
Nambucca Heads, 2448 ranked 97th in NSW when comparing growth in median property values or capital gain over the last 12 months. Nambucca Heads is one of 3163 in our list for NSW
Nambucca Heads,2448 was ranked 159 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Nambucca Heads, 2448. Typically our figures indicate that -5.34% is being offered, which puts this NSW suburb at 654th most discounted overall in Australia.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 6.30%, without taking into account capital value appreciation, which has been averaging out at 4.33%.