Mollymook Beach is in the TOP 10% 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 25.63%.
Mollymook Beach,2539 has offered an average of 25.63% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Mollymook Beach are currently offering property investors an average price cut of -4.84% below the asking price at the moment.
Often selling an investment property can take time, and in Mollymook Beach the average time real estate has been on the market is 88.06 days.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 5.12%, investors should hope to achieve an overall return of 3.33%
Over the last year, property investments in Mollymook Beach, 2539 have given investors a capital gain of 22.65%. This compares very favourably with the 6.07% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mollymook Beach has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mollymook Beach, 2539. Typically our figures indicate that -2.15% is being offered, which puts this NSW suburb at 1433th most discounted overall in Australia.
Residents and property investors in Mollymook Beach have been waiting around 36.71 days to sell a property.
Advertised rents are around the $450 mark per week – giving a return of 5.88% based on the median price in Suburb