Surf Beach has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.16% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Surf Beach has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Surf Beach are currently offering property investors an average price cut of -3.67% below the asking price at the moment.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 2.90%, investors should hope to achieve an overall return of 4.89%
Giving property investors a an average capital gain of 1.85% for the last year, Surf Beach, 2536 is the 1022th highest performer in Australia in this respect.
Surf Beach,2536 has offered an average of 1.85% return per annum in house price rises to property investors over the last three years.
The most recent median price for Surf Beach is $275000, with sellers offering an average of -2.57% off the asking price.
Residents and property investors in Surf Beach have been waiting around 112.15 days to sell a property.
Surf Beach, 2536’s gross rental yield is 5.48%