Giving property investors a a stable capital gain of 8.06% for the last year, Jindabyne, 2627 is the 1422th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Jindabyne comes in at number 1020th in NSW.
LACK OF BUYER INTEREST may well be the reason that Jindabyne is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 346th in terms of most discounted suburbs in NSW
A $517.5 per week rent on the median house gives suburb investors a gross yield of circa 5.36%, without taking into account capital value appreciation, which has been averaging out at 5.41%.
With a capital gain of 8.89% for the last 12 months, Jindabyne, 2627 has performed for property investments than its average annual 1.51% property growth over the last 5 years.
While Jindabyne,2627 ranked number 72th in NSW for increase in median house value (annualised) increase, it is ranked 441th over the last 5 years.
Property investors looking for a bargain in Jindabyne should be aiming for at least -3.37% off the asking price, which is the average vendor discount being achieved at the moment.