Jindabyne, 2627 ranked 1221th in NSW when comparing growth in median property values or capital gain over the last 12 months. Jindabyne is one of 3162 in our list for NSW
Jindabyne,2627 was ranked 3724 in Australia by increase in median property value over the quarter.
The most recent median price for Jindabyne is $452500, with sellers offering an average of -7.50% off the asking price.
Advertised rents are around the $450 mark per week – giving a return of 5.17% based on the median price in Suburb
If you compare the increase in value of investment property in Jindabyne, 2627 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.22%.
Across a shorter period, Jindabyne, 2627 has seen a median price increase of 0.22% over the last quarter.
Property investors looking for a bargain in Jindabyne should be aiming for at least -4.27% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 10.33 sales per month, which equates to 124 per year.
With the median price for a house in Jindabyne being $230000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 6.33%