Evans Head has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 1.17% to date .
Across a shorter period, Evans Head, 2473 has seen a median price increase of -1.24% over the last quarter.
Property buyers and investors in Evans Head 2473 should be seeing an average reduction in asking price of around -4.99% . This means that Evans Head is holding prices well when compared to other suburbs in NSW.
Evans Head, 2473’s gross rental yield is 4.51%
Giving property investors a a poor capital gain of -8.32% for the last year, Evans Head, 2473 is the 1510th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Evans Head has given property investors a paper return of 8.33%. This puts Suburb as 50 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Evans Head is $325000, with sellers offering an average of -4.49% off the asking price.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 5.92%, without taking into account capital value appreciation, which has been averaging out at 1.34%.