Shoalhaven Heads has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 8.91% to date .
While Shoalhaven Heads,2535 ranked number 633th in NSW for increase in median house value (annualised) increase, it is ranked 625th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Shoalhaven Heads itself are offering an average vendor discount of -4.77% to real estate investors.
Often selling an investment property can take time, and in Shoalhaven Heads the average time real estate has been on the market is 96.98 days.
Advertised rents are around the $375 mark per week – giving a return of 3.55% based on the median price in Suburb
With a capital gain of 5.80% for the last 12 months, Shoalhaven Heads, 2535 has performed for property investments than its average annual 4.10% property growth over the last 5 years.
The five-year average increase in median property values for Shoalhaven Heads,2535 has given property investors a potential capital gain of 38.52% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.45% offered to property buyers. Sellers in Shoalhaven Heads itself are offering an average vendor discount of -4.82% to real estate investors.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.56%, without taking into account capital value appreciation, which has been averaging out at 4.10%.