Over the last year, property investments in Cronulla, 2230 have given investors a capital gain of -15.33%. This compares very badly with the -2.98% for NSW as a whole.
If we look at median property appreciation over just the last three months, Cronulla has given property investors a paper return of -4.75%. This puts Suburb as 1190 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Cronulla is $1905000, with sellers offering an average of -7.25% off the asking price.
NSW has seen average median house prices change by -3.18% which means that Cronulla, 2230 has not done well for property investors by showing a capital gain of -12.76% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cronulla has increased when compared to the 5 year average annual rate.
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 Cronulla, 2230. Typically our figures indicate that -7.21% is being offered, which puts this NSW suburb at 364th most discounted overall in Australia.
Often selling an investment property can take time, and in Cronulla the average time real estate has been on the market is 78.7255 days.
Renters in Suburb are facing rents around $26000 per annum or $500 every week.