NSW has seen average median house prices change by 10.25% which means that Long Jetty, 2261 has done well for property investors by showing a capital gain of 12.50% over the last year
Taking the average capital gain, or increase in median house value, Long Jetty,2261 has racked up an average of 12.50% over the period. This ranks it number 273th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Long Jetty 2261 should be seeing an average reduction in asking price of around -4.43% . This means that Long Jetty is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 8.01%, investors should hope to achieve an overall return of 2.89%
Property investors who have had real estate in Long Jetty, 2261 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.37%
Across a shorter period, Long Jetty, 2261 has seen a median price increase of 3.41% over the last quarter.
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 Long Jetty, 2261. Typically our figures indicate that -4.79% is being offered, which puts this NSW suburb at 763th most discounted overall in Australia.