NSW has seen average median house prices change by 7.28% which means that Barrack Heights, 2528 has done well for property investors by showing a capital gain of 10.53% over the last year
Comparing Barrack Heights,2528 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Barrack Heights should be aiming for at least -2.99% off the asking price, which is the average vendor discount being achieved at the moment.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.50%, without taking into account capital value appreciation, which has been averaging out at 6.21%.
Barrack Heights is in the TOP 10% in NSW when comparing median price capital growth over the last year. Barrack Heights gave property investors a very good capital gain figure when compared to the rest of the state, with 20.91%.
Barrack Heights, 2528 is offering NSW ‘s 461th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.
At number 203 in a list of fastest selling suburbs, Barrack Heights is in the TOP 20% of suburbs in Australia with an average of days on market 48.54 for properties listed there.
Situated 77.31km from the CBD, Barrack Heights is one of Shellharbour localities in the postcode 2528.