Eden is an average performer in NSW when comparing median price capital growth over the last year. Eden gave property investors a average capital gain figure when compared to the rest of the state, with 9.88%.
Taking the average capital gain, or increase in median house value, Eden,2551 has racked up an average of 9.88% over the period. This ranks it number 1679th 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 Eden, 2551. Typically our figures indicate that -4.99% is being offered, which puts this NSW suburb at 2394th most discounted overall in Australia.
A $355 per week rent on the median house gives suburb investors a gross yield of circa 4.88%, without taking into account capital value appreciation, which has been averaging out at 1.99%.
Investment property in Eden has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.77%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Eden has increased when compared to the 5 year average annual rate.
Eden, 2551’s gross rental yield is 5.32%