Property value increases in Gerringong have tracked higher than the NSW average of 7.15% over the last 12 months.
The five-year average increase in median property values for Gerringong,2534 has given property investors a potential capital gain of 49.80% across each of those five years.
The most recent median price for Gerringong is $732500, with sellers offering an average of -2.70% off the asking price.
With the median price for a house in Gerringong being $732500 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 3.90%
Property investors who have had real estate in Gerringong, 2534 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.92%