Valentine is in the TOP 30% in NSW when comparing median price capital growth over the last year. Valentine gave property investors a good capital gain figure when compared to the rest of the state, with 2.00%.
While Valentine,2280 ranked number 631th in NSW for increase in median house value (annualised) increase, it is ranked 856th over the last 5 years.
At number 372th of NSW’s most discounted properties, Valentine is in the middle of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 7.17 sales per month, which equates to 86 per year.
Valentine is in the TOP 30% in NSW when comparing median price capital growth over the last year. Valentine gave property investors a good capital gain figure when compared to the rest of the state, with 2.31%.
While Valentine,2280 ranked number 84th in NSW for increase in median house value (annualised) increase, it is ranked 144th over the last 5 years.
Advertised rents are around the $430 mark per week – giving a return of 4.05% based on the median price in Suburb
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.