Property investors who have had real estate in Surf Beach, 2536 should be ok 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 5.49%
Over the longer term, Surf Beach has seen property prices show investors a 7.93% return over the last 3 years. This is worse than over the last 12 months
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 Surf Beach itself are offering an average vendor discount of -5.61% to real estate investors.
On average over the past year, suburb has had 5.58 sales per month, which equates to 67 per year.
Property investors who have had real estate in Surf Beach, 2536 should be 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 13.64%
Surf Beach,2536 has offered an average of 13.64% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -3.98% to buyers in Surf Beach at the moment, which is less than average for the rest of NSW.
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 2.27%, investors should hope to achieve an overall return of 5.11%