At number 488th in the list of Australian suburbs ordered by increase in median house value over the last year, Old Erowal Bay, 2540 is in the top 20% with a property value increase of 15.76% recorded in median house prices.
Comparing Old Erowal Bay,2540 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 Old Erowal Bay, 2540. Typically our figures indicate that -4.20% is being offered, which puts this NSW suburb at 3070th most discounted overall in Australia.
Often selling an investment property can take time, and in Old Erowal Bay the average time real estate has been on the market is 75.14 days.
Property investors should expect to get $350 weekly from the median priced house in this suburb.