Property value increases in Bermagui have tracked close to the NSW average of 7.15% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Bermagui comes in at number 944th in NSW.
LACK OF BUYER INTEREST may well be the reason that Bermagui is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 503th in terms of most discounted suburbs in NSW
At number 2831 in a list of fastest selling suburbs, Bermagui is in the bottom 30% of suburbs in Australia with an average of days on market 106.24 for properties listed there.
The NSW suburb of Bermagui, 2546 is in the Bega Valley local government area.
Giving property investors a an unimpressive capital gain of 0.65% for the last year, Bermagui, 2546 is the 1073th highest performer in Australia in this respect.
Bermagui,2546 was ranked 670 in Australia by increase in median property value over the quarter.
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 -3.81% is being offered, which puts this NSW suburb at 1158th most discounted overall in Australia.
Often selling an investment property can take time, and in Bermagui the average time real estate has been on the market is 134.41 days.
A $245 per week rent on the median house gives suburb investors a gross yield of circa 4.29%, without taking into account capital value appreciation, which has been averaging out at 5.67%.