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 7.47%
While Helensburgh,2508 ranked number 580th in NSW for increase in median house value (annualised) increase, it is ranked 563th over the last 5 years.
Vendor discounting in Helensburgh is giving property investors an average Vendor Discount of around -3.93%. This puts suburb at number 959th in NSW when ranking the most discounted suburbs.
In the last year 96 properties changed hands in Helensburgh, which puts it as the 310th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Helensburgh being $827500 and the advertised rent reaching $600 the gross rental yield for property investors calculates out to be 3.77%
Helensburgh has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.24% to date .
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.