Investment property in Sawtell has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.59%
Across a shorter period, Sawtell, 2452 has seen a median price increase of -2.83% over the last 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 Sawtell, 2452. Typically our figures indicate that -4.51% is being offered, which puts this NSW suburb at 2928th most discounted overall in Australia.
Using the current median advertised rental of $437.5 and the average annual increase in value of a median property of 3.63%, investors should hope to achieve an overall return of 4.07%
With a capital gain of 14.78% for the last 12 months, Sawtell, 2452 has performed for property investments than its average annual 4.18% property growth over the last 5 years.
Over the longer term, Sawtell has seen property prices show investors a 38.39% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Sawtell is giving property investors an average Vendor Discount of around -4.09%. This puts suburb at number 266th in NSW when ranking the most discounted suburbs.
Sawtell is 114th on a list of best yielding suburbs for rents in NSW with a 4.99% return