If you compare the increase in value of investment property in Jindabyne, 2627 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 18.68%.
Property investors looking for a bargain in Jindabyne should be aiming for at least -4.34% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $580 and the average annual increase in value of a median property of 5.11%, investors should hope to achieve an overall return of 5.59%
Investment property in Jindabyne has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 26.41%
While Jindabyne,2627 ranked number 54th in NSW for increase in median house value (annualised) increase, it is ranked 357th over the last 5 years.
Jindabyne, 2627 is offering NSW ‘s 369th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
With the median price for a house in Jindabyne being $292000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.34%