If you compare the increase in value of investment property in Shellharbour, 2529 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 22.43%.
Across a shorter period, Shellharbour, 2529 has seen a median price increase of 3.42% over the last quarter.
Our latest figures would indicate that property sellers in Shellharbour are currently offering property investors an average price cut of -5.38% below the asking price at the moment.
Using the current median advertised rental of $545 and the average annual increase in value of a median property of 7.07%, investors should hope to achieve an overall return of 3.40%
Shellharbour is an average performer in NSW when comparing median price capital growth over the last year. Shellharbour gave property investors a average capital gain figure when compared to the rest of the state, with 7.65%.
Over the longer term, Shellharbour has seen property prices show investors a 29.61% return over the last 3 years. This is worse than over the last 12 months
Shellharbour, 2529 is offering NSW ‘s 86th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
Situated 78.37km from the CBD, Shellharbour is one of Shellharbour localities in the postcode 2529.