Over the last year, property investments in Jindabyne, 2627 have given investors a capital gain of 4.82%. This compares averagely with the 6.87% for NSW as a whole.
While Jindabyne,2627 ranked number 106th in NSW for increase in median house value (annualised) increase, it is ranked 804th over the last 5 years.
Jindabyne, 2627 is offering NSW ‘s 295th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
With a capital gain of 1.32% for the last 12 months, Jindabyne, 2627 has performed for property investments than its average annual 0.97% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Jindabyne has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Jindabyne is offering property investors an average of -4.42. This rate of discount on properties puts Suburb at number 364th in terms of most discounted suburbs in NSW
In the last year 155 properties changed hands in Jindabyne, which puts it as the 91th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Jindabyne being $230006 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 6.78%