Shell Cove is in the TOP 20% in NSW when comparing median price capital growth over the last year. Shell Cove gave property investors a very good capital gain figure when compared to the rest of the state, with 15.41%.
Taking the average capital gain, or increase in median house value, Shell Cove,2529 has racked up an average of 15.41% over the period. This ranks it number 606th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Shell Cove is giving property investors an average Vendor Discount of around -4.46%. This puts suburb at number 815th in NSW when ranking the most discounted suburbs.
With the median price for a house in Shell Cove being $779000 and the advertised rent reaching $575 the gross rental yield for property investors calculates out to be 3.84%