At number 1720th in the list of Australian suburbs ordered by increase in median house value over the last year, Shellharbour, 2529 is in the top half with a property value increase of 6.64% recorded in median house prices.
Shellharbour,2529 has offered an average of 6.64% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Shellharbour 2529 should be seeing an average reduction in asking price of around -4.72% . This means that Shellharbour is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $540 and the average annual increase in value of a median property of 4.39%, investors should hope to achieve an overall return of 4.11%
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 9.79%.
A 37.31% growth in median value for property investors in Shellharbour,2529 puts this suburb at number 257th in terms of best performing suburbs in NSW
At number 339th of NSW’s most discounted properties, Shellharbour is in the TOP 30% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
Advertised rents are around the $410 mark per week – giving a return of 4.63% based on the median price in Suburb