Investment property in Long Jetty has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.63%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Long Jetty has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Long Jetty is offering property investors an average of -5.24. This rate of discount on properties puts Suburb at number 531th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 9.17 sales per month, which equates to 110 per year.
Long Jetty, 2261’s gross rental yield is 2.96%
Giving property investors a an average capital gain of 2.66% for the last year, Long Jetty, 2261 is the 984th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Long Jetty comes in at number 104th in NSW.
Vendor discounting in Long Jetty is giving property investors an average Vendor Discount of around -4.94%. This puts suburb at number 73th in NSW when ranking the most discounted suburbs.
Long Jetty, 2261’s gross rental yield is 4.40%