If you compare the increase in value of investment property in Marmong Point, 2284 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 21.07%.
Taking the average capital gain, or increase in median house value, Marmong Point,2284 has racked up an average of 21.07% over the period. This ranks it number 1233th in the whole country for real estate investors looking at median house price increases.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.88% offered to property buyers. Sellers in Marmong Point itself are offering an average vendor discount of -7.29% to real estate investors.
In the last year 11 properties changed hands in Marmong Point, which puts it as the 1382th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $470 mark per week – giving a return of 3.94% based on the median price in Suburb