With a capital gain of 4.38% for the last 12 months, Jindabyne, 2627 has performed for property investments than its average annual 4.29% property growth over the last 5 years.
Jindabyne,2627 has offered an average of 4.38% return per annum in house price rises to property investors over the last three years.
At number 818th of NSW’s most discounted properties, Jindabyne is in the TOP 40% of the state/territory when listing in order of most discounted to least.
In the last year 35 properties changed hands in Jindabyne, which puts it as the 880th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Jindabyne, 2627 is in the Snowy River local government area.
Investment property in Jindabyne has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.17%
When looking at the potential capital gains offered to property investors over the last 3 years, Jindabyne comes in at number 430th in NSW.
Property investors looking for a bargain in Jindabyne should be aiming for at least -3.12% off the asking price, which is the average vendor discount being achieved at the moment.
A $325 per week rent on the median house gives suburb investors a gross yield of circa 6.76%, without taking into account capital value appreciation, which has been averaging out at 0.88%.