NSW has seen average median house prices change by 7.47% which means that Long Beach, 2536 has done well for property investors by showing a capital gain of -8.48% over the last year
The five-year average increase in median property values for Long Beach,2536 has given property investors a potential capital gain of 18.62% across each of those five years.
Property buyers and investors in Long Beach 2536 should be seeing an average reduction in asking price of around -4.78% . This means that Long Beach is holding prices well when compared to other suburbs in NSW.
A $800 per week rent on the median house gives suburb investors a gross yield of circa 8.76%, without taking into account capital value appreciation, which has been averaging out at 2.85%.
In the last year 10 properties changed hands in Long Beach, which puts it as the 581th most active market in NSW when comparing the number of sales per suburb.