Property investors who have had real estate in Mollymook Beach, 2539 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 25.56%
Taking the average capital gain, or increase in median house value, Mollymook Beach,2539 has racked up an average of 25.56% over the period. This ranks it number 1078th in the whole country for real estate investors looking at median house price increases.
Mollymook Beach, 2539 is offering NSW ‘s 640th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
Often selling an investment property can take time, and in Mollymook Beach the average time real estate has been on the market is 98.45 days.
Mollymook Beach is in the TOP 20% in NSW when comparing median price capital growth over the last year. Mollymook Beach gave property investors a very good capital gain figure when compared to the rest of the state, with 15.50%.
The most recent median price for Mollymook Beach is $380000, with sellers offering an average of -2.76% off the asking price.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 4.52%, without taking into account capital value appreciation, which has been averaging out at 6.16%.