Giving property investors a a stable capital gain of 9.34% for the last year, Austins Ferry, 7011 is the 1169th highest performer in Australia in this respect.
Austins Ferry,7011 has offered an average of 9.34% return per annum in house price rises to property investors over the last three years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.15% offered to property buyers. Sellers in Austins Ferry itself are offering an average vendor discount of -8.35% to real estate investors.
Advertised rents are around the $350 mark per week – giving a return of 5.50% based on the median price in Suburb
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Austins Ferry has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Austins Ferry should be aiming for at least -5.94% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Austins Ferry being $273500 and the advertised rent reaching $265 the gross rental yield for property investors calculates out to be 5.04%