At number 1137th in the list of Australian suburbs ordered by increase in median house value over the last year, Adelong, 2729 is in the top 30% with a property value increase of 9.68% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Adelong,2729 has racked up an average of 9.68% over the period. This ranks it number 3760th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Adelong is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 52th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Adelong the average time real estate has been on the market is 101.3 days.
With the median price for a house in Adelong being $170000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 7.65%