NSW has seen average median house prices change by 6.38% which means that Helensburgh, 2508 has done well for property investors by showing a capital gain of 6.67% over the last year
While Helensburgh,2508 ranked number 429th in NSW for increase in median house value (annualised) increase, it is ranked 529th over the last 5 years.
Our latest figures would indicate that property sellers in Helensburgh are currently offering property investors an average price cut of -3.55% below the asking price at the moment.
A $575 per week rent on the median house gives suburb investors a gross yield of circa 3.74%, without taking into account capital value appreciation, which has been averaging out at 6.65%.
Investment property in Helensburgh has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.13%
A 62.20% growth in median value for property investors in Helensburgh,2508 puts this suburb at number 138th in terms of best performing suburbs in NSW
Property buyers and investors in Helensburgh 2508 should be seeing an average reduction in asking price of around -3.13% . This means that Helensburgh is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.
Helensburgh, 2508’s gross rental yield is 3.87%