Property investors who have had real estate in North Nowra, 2541 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.33%
While North Nowra,2541 ranked number 502th in NSW for increase in median house value (annualised) increase, it is ranked 785th over the last 5 years.
Our latest figures would indicate that property sellers in North Nowra are currently offering property investors an average price cut of -2.94% below the asking price at the moment.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 4.29%, investors should hope to achieve an overall return of 4.57%
The most recent median price for North Nowra is $275000, with sellers offering an average of -1.89% off the asking price.