NSW has seen average median house prices change by 10.55% which means that West Nowra, 2541 has done well for property investors by showing a capital gain of 25.35% over the last year
The five-year average increase in median property values for West Nowra,2541 has given property investors a potential capital gain of 66.36% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.23% offered to property buyers. Sellers in West Nowra itself are offering an average vendor discount of -3.76% to real estate investors.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 6.00%, investors should hope to achieve an overall return of 4.32%