Nowra is an average performer in NSW when comparing median price capital growth over the last year. Nowra gave property investors a average capital gain figure when compared to the rest of the state, with 7.63%.
Over the longer term, Nowra has seen property prices show investors a 38.34% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Nowra itself are offering an average vendor discount of -4.49% to real estate investors.
In the last year 208 properties changed hands in Nowra, which puts it as the 53th most active market in NSW when comparing the number of sales per suburb.
Nowra is in the bottom 20% in NSW when comparing median price capital growth over the last year. Nowra gave property investors a dismal capital gain figure when compared to the rest of the state, with -5.47%.
A 36.07% growth in median value for property investors in Nowra,2541 puts this suburb at number 443th in terms of best performing suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Nowra is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 109th in terms of most discounted suburbs in NSW
Advertised rents are around the $262.5 mark per week – giving a return of 6.58% based on the median price in Suburb