Property value increases in Culburra Beach have tracked higher than the NSW average of 8.26% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Culburra Beach has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Culburra Beach itself are offering an average vendor discount of -5.33% to real estate investors.
At number 1026 in a list of fastest selling suburbs, Culburra Beach is in the TOP 30% of suburbs in Australia with an average of days on market 61.01 for properties listed there.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 5.43%, investors should hope to achieve an overall return of 3.57%