Bermagui, 2546 ranked 432th in NSW when comparing growth in median property values or capital gain over the last 12 months. Bermagui is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Bermagui has given property investors a paper return of 4.21%. This puts Suburb as 368 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Bermagui are currently offering property investors an average price cut of -4.93% below the asking price at the moment.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 3.50%, without taking into account capital value appreciation, which has been averaging out at 4.31%.
Bermagui has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 1.69% to date .
Property investors looking for a bargain in Bermagui should be aiming for at least -3.74% off the asking price, which is the average vendor discount being achieved at the moment.
Bermagui is 265th on a list of best yielding suburbs for rents in NSW with a 4.16% return