Over the last year, property investments in Valentine, 2280 have given investors a capital gain of -2.28%. This compares averagely with the 0.15% for NSW as a whole.
While Valentine,2280 ranked number 1005th in NSW for increase in median house value (annualised) increase, it is ranked 871th over the last 5 years.
Sellers are offering property buyers an average discount of -8.02% to buyers in Valentine at the moment, which is less than average for the rest of NSW.
Residents and property investors in Valentine have been waiting around 80.2388 days to sell a property.
Property value increases in Valentine have tracked higher than the NSW average of -0.92% over the last 12 months.
While Valentine,2280 ranked number 31th in NSW for increase in median house value (annualised) increase, it is ranked 102th over the last 5 years.
Renters in Suburb are facing rents around $23140 per annum or $445 every week.
Information supplied by:
Valentine, NSW – Slowing down
Median unit price: $540,000
Three-year growth: 10.2%
Rental yield: 4.1%
Situated in the picturesque Lake Macquarie area, the suburb of Valentine is just 20km from the Newcastle CBD and offers a great view of Croudace Bay.
Growth has slowed in the five years to April 2019, but Valentine has been holding on to positivity as unit values were up by 0.9%. Making this a potentially interesting area for property investors to check out.
Being just north of Belmont, Valentine residents have access to amenities like shops, restaurants and schools including Belmont Public School, Belmont High School and a TAFE NSW campus. Belmont Hospital, the sole public hospital within Lake Macquarie, is close by as well. And of course, those living in Valentine have year-long proximity to the tourist destination that is Lake Macquarie itself, with activities like boating, fishing and kayaking.