If you compare the increase in value of investment property in Shellharbour, 2529 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 11.69%.
Comparing Shellharbour,2529 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Shellharbour, 2529 is offering NSW ‘s 1024th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.
Often selling an investment property can take time, and in Shellharbour the average time real estate has been on the market is 60.92 days.
A $540 per week rent on the median house gives suburb investors a gross yield of circa 3.74%, without taking into account capital value appreciation, which has been averaging out at 5.49%.
Over the last year, property investments in Shellharbour, 2529 have given investors a capital gain of 11.02%. This compares favourably with the 6.07% for NSW as a whole.
Shellharbour,2529 was ranked 622 in Australia by increase in median property value over the quarter.
Property buyers and investors in Shellharbour 2529 should be seeing an average reduction in asking price of around -5.28% . This means that Shellharbour is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Shellharbour the average time real estate has been on the market is 87.92 days.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 4.63%, investors should hope to achieve an overall return of 4.58%