Property investors who have had real estate in Austinmer, 2515 should be ok 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 2.81%
Taking the average capital gain, or increase in median house value, Austinmer,2515 has racked up an average of 2.81% over the period. This ranks it number 418th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Austinmer is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 85th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Austinmer the average time real estate has been on the market is 62.64 days.
The NSW suburb of Austinmer, 2515 is in the Wollongong local government area.
At number 1018th in the list of Australian suburbs ordered by increase in median house value over the last year, Austinmer, 2515 is in the BOTTOM 50% with a property value increase of 0.76% recorded in median house prices.
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 Austinmer, 2515. Typically our figures indicate that -1.87% is being offered, which puts this NSW suburb at 1438th most discounted overall in Australia.
Situated 49.06km from the CBD, Austinmer is one of Wollongong localities in the postcode 2515.