Property investors who have had real estate in South Golden Beach, 2483 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 25.00%
If we look at median property appreciation over just the last three months, South Golden Beach has given property investors a paper return of 7.44%. This puts Suburb as 153 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -4.21% to buyers in South Golden Beach at the moment, which is less than average for the rest of NSW.
With the median price for a house in South Golden Beach being $650000 and the advertised rent reaching $700 the gross rental yield for property investors calculates out to be 5.60%