Vaucluse has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.54% to date .
If we look at median property appreciation over just the last three months, Vaucluse has given property investors a paper return of -3.56%. This puts Suburb as 1287 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Vaucluse is $5487500, with sellers offering an average of -7.70% off the asking price.
In the last year 103 properties changed hands in Vaucluse, which puts it as the 234th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $1990 and the average annual increase in value of a median property of 4.79%, investors should hope to achieve an overall return of 1.89%
Over the last year, property investments in Vaucluse, 2030 have given investors a capital gain of -1.29%. This compares badly with the 4.76% for NSW as a whole.
While Vaucluse,2030 ranked number 531th in NSW for increase in median house value (annualised) increase, it is ranked 307th over the last 5 years.
The most recent median price for Vaucluse is $1150000, with sellers offering an average of -8.34% off the asking price.
Often selling an investment property can take time, and in Vaucluse the average time real estate has been on the market is 52.5625 days.
Advertised rents are around the $695 mark per week – giving a return of 3.14% based on the median price in Suburb
Information supplied by:
Vacancies are limited in affluent suburb
Median house price: $4,600,000
Vacancy rate: 1.4%
Three-year growth: 31.4%
Even though it is the second-priciest suburb in NSW, Vaucluse has no problem filling vacancies despite the weekly rent rate being nearly $1,800.
The vacancy rate increased slightly from 0.9% in February 2017 to 1.4% after 12 months, giving the suburb some breathing room. The growth of house prices slowed over this period – after recording 31.4% growth in 2015, values increased by only 2.2%.
A mainly residential suburb, Vaucluse properties are in great demand because they offer a beautiful view of Sydney Harbour. The Macquarie Lighthouse is the suburb’s main landmark. Vaucluse is only 8km from the Sydney CBD, making it a very convenient spot for affluent professionals – the CBD can be reached by taking the bus from Vaucluse Road.