Evans Head, 2473 ranked 1281th in NSW when comparing growth in median property values or capital gain over the last 12 months. Evans Head is one of 3163 in our list for NSW
A 23.88% growth in median value for property investors in Evans Head,2473 puts this suburb at number 1108th in terms of best performing suburbs in NSW
The most recent median price for Evans Head is $495500, with sellers offering an average of -4.03% off the asking price.
On average over the past year, suburb has had 2.83 sales per month, which equates to 34 per year.
Advertised rents are around the $450 mark per week – giving a return of 4.72% based on the median price in Suburb
Evans Head, 2473 ranked 479th in NSW when comparing growth in median property values or capital gain over the last 12 months. Evans Head is one of 3163 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Evans Head has increased when compared to the 5 year average annual rate.
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 Evans Head, 2473. Typically our figures indicate that -2.77% is being offered, which puts this NSW suburb at 1359th most discounted overall in Australia.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 2.61%, investors should hope to achieve an overall return of 5.13%