Investment property in The Entrance has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.99%
Over the longer term, The Entrance has seen property prices show investors a 19.86% return over the last 3 years. This is worse than over the last 12 months
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.38% offered to property buyers. Sellers in The Entrance itself are offering an average vendor discount of -7.06% to real estate investors.
Often selling an investment property can take time, and in The Entrance the average time real estate has been on the market is 102.563 days.
Property investors should expect to get $400 weekly from the median priced house in this suburb.
At number 518th in the list of Australian suburbs ordered by increase in median house value over the last year, The Entrance, 2261 is in the top 40% with a property value increase of 1.36% recorded in median house prices.
A 41.59% growth in median value for property investors in The Entrance,2261 puts this suburb at number 252th in terms of best performing suburbs in NSW
The most recent median price for The Entrance is $446000, with sellers offering an average of -8.87% off the asking price.
Advertised rents are around the $370 mark per week – giving a return of 4.31% based on the median price in Suburb