Giving property investors a an average capital gain of 3.72% for the last year, Nambucca Heads, 2448 is the 2350th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Nambucca Heads has increased when compared to the 5 year average annual rate.
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 Nambucca Heads itself are offering an average vendor discount of -5.88% to real estate investors.
Advertised rents are around the $350 mark per week – giving a return of 5.43% based on the median price in Suburb
Nambucca Heads is in the TOP 20% in NSW when comparing median price capital growth over the last year. Nambucca Heads gave property investors a very good capital gain figure when compared to the rest of the state, with 13.64%.
A 19.05% growth in median value for property investors in Nambucca Heads,2448 puts this suburb at number 242th in terms of best performing suburbs in NSW
Vendor discounting in Nambucca Heads is giving property investors an average Vendor Discount of around -6.22%. This puts suburb at number 50th in NSW when ranking the most discounted suburbs.
Using the current median advertised rental of $290 and the average annual increase in value of a median property of 3.74%, investors should hope to achieve an overall return of 6.03%