NSW has seen average median house prices change by 6.35% which means that Tighes Hill, 2297 has done well for property investors by showing a capital gain of 18.60% over the last year
Over the longer term, Tighes Hill has seen property prices show investors a 49.48% return over the last 3 years. This is worse than over the last 12 months
Tighes Hill, 2297 is offering NSW ‘s 1086th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.
Often selling an investment property can take time, and in Tighes Hill the average time real estate has been on the market is 33.95 days.
Property investors should expect to get $435 weekly from the median priced house in this suburb.
Named for one of its early residents, the suburb of Tighes Hill has been flourishing since 2013, when price growth peaked at 106.3%Full summary
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Remarkable growth for houses
Median house price: $732,475
Three-year growth: 32.5%
Rental yield: 3.2%
Named for one of its early residents, the suburb of Tighes Hill has been flourishing since 2013, when price growth peaked at 106.3%.
The house market has an average annual growth rate of 10.5%, with the April 2017-2018 period alone yielding a 26.9% rise in prices. The median house value has passed $730,000; yet, such properties are selling quickly and generally spend less than two months on the market.
Tighes Hill’s proximity to the Newcastle CBD makes it a top option for young professionals who want to live near the city, as the CBD can be reached in about 15 minutes via King Street. The 11 bus service departing from Maitland Road also brings commuters to Newcastle. Tighes Hill is home to a Hunter Institute of TAFE campus, and to the Tighes Hill School of Arts.Close