Nowra has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 4.76% to date .
Over the longer term, Nowra has seen property prices show investors a 32.26% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Nowra are currently offering property investors an average price cut of -5.00% below the asking price at the moment.
With the median price for a house in Nowra being $330000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 5.20%
Nowra has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -4.11% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Nowra has increased when compared to the 5 year average annual rate.
Nowra, 2541 is offering NSW ‘s 111th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
The NSW suburb of Nowra, 2541 is in the Shoalhaven local government area.