With a capital gain of -7.21% for the last 12 months, Evans Head, 2473 has performed for property investments than its average annual 2.06% property growth over the last 5 years.
The five-year average increase in median property values for Evans Head,2473 has given property investors a potential capital gain of 20.70% across each of those five years.
The most recent median price for Evans Head is $482500, with sellers offering an average of -5.21% off the asking price.
At number 3088 in a list of fastest selling suburbs, Evans Head is in the bottom 20% of suburbs in Australia with an average of days on market 117.29 for properties listed there.
A $435 per week rent on the median house gives suburb investors a gross yield of circa 4.69%, without taking into account capital value appreciation, which has been averaging out at 2.06%.
Evans Head, 2473 ranked 499th 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
While Evans Head,2473 ranked number 475th in NSW for increase in median house value (annualised) increase, it is ranked 458th over the last 5 years.
Sellers are offering property buyers an average discount of -2.55% to buyers in Evans Head at the moment, which is less than average for the rest of NSW.
In the last year 53 properties changed hands in Evans Head, which puts it as the 264th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $350 weekly from the median priced house in this suburb.