NSW has seen average median house prices change by 14.73% which means that Vaucluse, 2030 has done well for property investors by showing a capital gain of 6.14% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Vaucluse comes in at number 671th in NSW.
Property buyers and investors in Vaucluse 2030 should be seeing an average reduction in asking price of around -5.66% . This means that Vaucluse is holding prices well when compared to other suburbs in NSW.
Renters in Suburb are facing rents around $87100 per annum or $1675 every week.
Giving property investors a a poor capital gain of -1.80% for the last year, Vaucluse, 2030 is the 1363th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Vaucluse has given property investors a paper return of 4.17%. This puts Suburb as 176 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Vaucluse is offering property investors an average of -4.22. This rate of discount on properties puts Suburb at number 1st in terms of most discounted suburbs in NSW
Residents and property investors in Vaucluse have been waiting around 63 days to sell a property.
Vaucluse, 2030’s gross rental yield is 2.82%
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.