Investment property in Shoalhaven Heads has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.44%
Shoalhaven Heads,2535 was ranked 2162 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Shoalhaven Heads itself are offering an average vendor discount of -4.15% to real estate investors.
Renters in Suburb are facing rents around $4680 per annum or $390 every week.
Property investors who have had real estate in Shoalhaven Heads, 2535 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 7.25%
Taking the average capital gain, or increase in median house value, Shoalhaven Heads,2535 has racked up an average of 7.25% over the period. This ranks it number 94th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Shoalhaven Heads is giving property investors an average Vendor Discount of around -4.10%. This puts suburb at number 252th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.