At number 549th in the list of Australian suburbs ordered by increase in median house value over the last year, Thirroul, 2515 is in the top 20% with a property value increase of 13.89% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Thirroul has increased when compared to the 5 year average annual rate.
Property buyers and investors in Thirroul 2515 should be seeing an average reduction in asking price of around -6.02% . This means that Thirroul is holding prices well when compared to other suburbs in NSW.
Thirroul, 2515’s gross rental yield is 3.30%
Property investors who have had real estate in Thirroul, 2515 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.41%
If we look at median property appreciation over just the last three months, Thirroul has given property investors a paper return of -11.21%. This puts Suburb as 550 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Thirroul 2515 should be seeing an average reduction in asking price of around -4.67% . This means that Thirroul is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $455 and the average annual increase in value of a median property of 5.39%, investors should hope to achieve an overall return of 3.71%