NSW has seen average median house prices change by 9.05% which means that Gerringong, 2534 has done well for property investors by showing a capital gain of 14.82% over the last year
If we look at median property appreciation over just the last three months, Gerringong has given property investors a paper return of 6.45%. This puts Suburb as 273 on a list of fastest fasting appreciating suburbs in NSW
At number 1082th of NSW’s most discounted properties, Gerringong is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Gerringong have been waiting around 58.3 days to sell a property.
Property investors should expect to get $520 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Gerringong, 2534 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 4.57%.
Over the longer term, Gerringong has seen property prices show investors a 17.06% return over the last 3 years. This is worse than over the last 12 months
Property investors should expect to get $440 weekly from the median priced house in this suburb.