Property investors who have had real estate in Helensburgh, 2508 should be relatively 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 10.75%
When looking at the potential capital gains offered to property investors over the last 3 years, Helensburgh comes in at number 508th in NSW.
Our latest figures would indicate that property sellers in Helensburgh are currently offering property investors an average price cut of -2.42% below the asking price at the moment.
A $585 per week rent on the median house gives suburb investors a gross yield of circa 3.58%, without taking into account capital value appreciation, which has been averaging out at 7.36%.
Over the last year, property investments in Helensburgh, 2508 have given investors a capital gain of 16.26%. This compares very favourably with the 6.22% for NSW as a whole.
Comparing Helensburgh,2508 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Helensburgh are currently offering property investors an average price cut of -3.49% below the asking price at the moment.
In the last year 35 properties changed hands in Helensburgh, which puts it as the 343th most active market in NSW when comparing the number of sales per suburb.
Situated 38.05km from the CBD, Helensburgh is one of Wollongong localities in the postcode 2508.