Jindabyne has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 8.06% to date .
Jindabyne,2627 was ranked 1592 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Jindabyne itself are offering an average vendor discount of -6.10% to real estate investors.
At number 885th in the list of Australian suburbs ordered by increase in median house value over the last year, Jindabyne, 2627 is in the BOTTOM 50% with a property value increase of 2.51% recorded in median house prices.
Jindabyne,2627 was ranked 229 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Jindabyne is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 369th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Jindabyne the average time real estate has been on the market is 78.69 days.
Jindabyne, 2627’s gross rental yield is 6.37%