NSW has seen average median house prices change by 7.93% which means that Pottsville, 2489 has done well for property investors by showing a capital gain of 9.32% over the last year
The five-year average increase in median property values for Pottsville,2489 has given property investors a potential capital gain of 9.80% across each of those five years.
Property buyers and investors in Pottsville 2489 should be seeing an average reduction in asking price of around -2.90% . This means that Pottsville is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Pottsville the average time real estate has been on the market is 78.39 days.
Advertised rents are around the $520 mark per week – giving a return of 4.83% based on the median price in Suburb
At number 1089th in the list of Australian suburbs ordered by increase in median house value over the last year, Pottsville, 2489 is in the BOTTOM 40% with a property value increase of 0.65% recorded in median house prices.
While Pottsville,2489 ranked number 265th in NSW for increase in median house value (annualised) increase, it is ranked 467th over the last 5 years.
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 Pottsville, 2489. Typically our figures indicate that -3.80% is being offered, which puts this NSW suburb at 1139th most discounted overall in Australia.