If you compare the increase in value of investment property in Bermagui, 2546 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 15.00%.
Taking the average capital gain, or increase in median house value, Bermagui,2546 has racked up an average of 15.00% over the period. This ranks it number 1324th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bermagui, 2546. Typically our figures indicate that -4.84% is being offered, which puts this NSW suburb at 2585th most discounted overall in Australia.
On average over the past year, suburb has had 4.33 sales per month, which equates to 52 per year.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 3.39%, without taking into account capital value appreciation, which has been averaging out at 3.98%.
Property value increases in Bermagui have tracked just higher than the NSW average of 6.22% over the last 12 months.
Sellers are offering property buyers an average discount of -3.06% to buyers in Bermagui at the moment, which is less than average for the rest of NSW.
In the last year 17 properties changed hands in Bermagui, which puts it as the 483th most active market in NSW when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $2760 per annum or $230 every week.