Property value increases in South Nowra have tracked higher than the NSW average of 11.06% over the last 12 months.
If we look at median property appreciation over just the last three months, South Nowra has given property investors a paper return of 3.24%. This puts Suburb as 497 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in South Nowra are currently offering property investors an average price cut of -4.08% below the asking price at the moment.
With the median price for a house in South Nowra being $542000 and the advertised rent reaching $397.5 the gross rental yield for property investors calculates out to be 3.81%