Property value increases in Vaucluse have tracked lower than the NSW average of 8.77% over the last 12 months.
Over the longer term, Vaucluse has seen property prices show investors a 12.51% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Vaucluse should be aiming for at least -9.37% off the asking price, which is the average vendor discount being achieved at the moment.
The NSW suburb of Vaucluse, 2030 is in the Woollahra (A) local government area.
Vaucluse, 2030 ranked 355th in NSW when comparing growth in median property values or capital gain over the last 12 months. Vaucluse is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Vaucluse has given property investors a paper return of 0.00%. This puts Suburb as 297 on a list of fastest fasting appreciating suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Vaucluse, 2030. Typically our figures indicate that -8.06% is being offered, which puts this NSW suburb at 27th most discounted overall in Australia.
At number 323 in a list of fastest selling suburbs, Vaucluse is in the TOP 30% of suburbs in Australia with an average of days on market 54.8485 for properties listed there.
A $680 per week rent on the median house gives suburb investors a gross yield of circa 3.07%, without taking into account capital value appreciation, which has been averaging out at 5.90%.
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.