Over the last year, property investments in Ettalong Beach, 2257 have given investors a capital gain of -1.33%. This compares averagely with the 1.14% for NSW as a whole.
Across a shorter period, Ettalong Beach, 2257 has seen a median price increase of 0.75% over the last quarter.
Property investors looking for a bargain in Ettalong Beach should be aiming for at least -3.08% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 4.25 sales per month, which equates to 51 per year.
With a capital gain of -16.03% for the last 12 months, Ettalong Beach, 2257 has performed for property investments than its average annual 6.01% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ettalong Beach has increased when compared to the 5 year average annual rate.
At number 101th of NSW’s most discounted properties, Ettalong Beach is in the bottom 40% of the state/territory when listing in order of most discounted to least.
At number 1163 in a list of fastest selling suburbs, Ettalong Beach is in the bottom 20% of suburbs in Australia with an average of days on market 105.206 for properties listed there.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 6.01%, investors should hope to achieve an overall return of 3.88%