At number 2274th in the list of Australian suburbs ordered by increase in median house value over the last year, Hassall Grove, 2761 is in the BOTTOM 50% with a property value increase of 3.48% recorded in median house prices.
If we look at median property appreciation over just the last three months, Hassall Grove has given property investors a paper return of 5.78%. This puts Suburb as 271 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Hassall Grove are currently offering property investors an average price cut of -4.42% below the asking price at the moment.
Often selling an investment property can take time, and in Hassall Grove the average time real estate has been on the market is 63.5 days.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.67%, without taking into account capital value appreciation, which has been averaging out at 6.83%.