Giving property investors a a solid capital gain of 23.26% for the last year, Mollymook Beach, 2539 is the 193th highest performer in Australia in this respect.
While Mollymook Beach,2539 ranked number 354th in NSW for increase in median house value (annualised) increase, it is ranked 848th over the last 5 years.
Property investors looking for a bargain in Mollymook Beach should be aiming for at least -4.36% off the asking price, which is the average vendor discount being achieved at the moment.
Mollymook Beach is 136th on a list of best yielding suburbs for rents in NSW with a 5.40% return
If you compare the increase in value of investment property in Mollymook Beach, 2539 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -7.99%.
A -6.15% growth in median value for property investors in Mollymook Beach,2539 puts this suburb at number 480th in terms of best performing suburbs in NSW
Property buyers and investors in Mollymook Beach 2539 should be seeing an average reduction in asking price of around -6.09% . This means that Mollymook Beach is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Mollymook Beach the average time real estate has been on the market is 105 days.
With the median price for a house in Mollymook Beach being $305000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.97%