If you compare the increase in value of investment property in Gymea Bay, 2227 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.81%.
Gymea Bay,2227 has offered an average of 7.81% return per annum in house price rises to property investors over the last three years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.40% offered to property buyers. Sellers in Gymea Bay itself are offering an average vendor discount of -8.28% to real estate investors.
On average over the past year, suburb has had 7.67 sales per month, which equates to 92 per year.
Advertised rents are around the $810 mark per week – giving a return of 2.90% based on the median price in Suburb
At number 223th in the list of Australian suburbs ordered by increase in median house value over the last year, Gymea Bay, 2227 is in the top 20% with a property value increase of 17.95% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Gymea Bay comes in at number 127th in NSW.