Ulladulla has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 13.33% to date .
Taking the average capital gain, or increase in median house value, Ulladulla,2539 has racked up an average of 13.33% over the period. This ranks it number 925th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.35% offered to property buyers. Sellers in Ulladulla itself are offering an average vendor discount of -3.48% to real estate investors.
On average over the past year, suburb has had 15.25 sales per month, which equates to 183 per year.
A $382.5 per week rent on the median house gives suburb investors a gross yield of circa 3.90%, without taking into account capital value appreciation, which has been averaging out at 4.53%.
Over the last year, property investments in Ulladulla, 2539 have given investors a capital gain of 6.01%. This compares averagely with the 6.96% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Ulladulla comes in at number 166th in NSW.
Property investors looking for a bargain in Ulladulla should be aiming for at least -3.25% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 129.66km from the CBD, Ulladulla is one of Shoalhaven localities in the postcode 2539.