NSW has seen average median house prices change by 7.93% which means that Austinmer, 2515 has done well for property investors by showing a capital gain of 4.88% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Austinmer has increased when compared to the 5 year average annual rate.
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 -8.84% is being offered, which puts this NSW suburb at 531th most discounted overall in Australia.
At number 1234 in a list of fastest selling suburbs, Austinmer is in the TOP 40% of suburbs in Australia with an average of days on market 65.6 for properties listed there.
Property investors should expect to get $645 weekly from the median priced house in this suburb.
Over the last year, property investments in Austinmer, 2515 have given investors a capital gain of 8.45%. This compares averagely with the 6.92% for NSW as a whole.
If we look at median property appreciation over just the last three months, Austinmer has given property investors a paper return of 2.50%. This puts Suburb as 148 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Austinmer 2515 should be seeing an average reduction in asking price of around -4.07% . This means that Austinmer is holding prices well when compared to other suburbs in NSW.
Austinmer, 2515’s gross rental yield is 3.98%