Investment property in Cooks Hill has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.37%
Taking the average capital gain, or increase in median house value, Cooks Hill,2300 has racked up an average of -9.37% over the period. This ranks it number 779th in the whole country for real estate investors looking at median house price increases.
Cooks Hill, 2300 is offering NSW ‘s 85th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.
On average over the past year, suburb has had 2.83 sales per month, which equates to 34 per year.
With the median price for a house in Cooks Hill being $1010500 and the advertised rent reaching $562.5 the gross rental yield for property investors calculates out to be 2.89%
Cooks Hill, 2300 ranked 254th in NSW when comparing growth in median property values or capital gain over the last 12 months. Cooks Hill is one of 3163 in our list for NSW
Across a shorter period, Cooks Hill, 2300 has seen a median price increase of -1.33% over the last quarter.
Vendor discounting in Cooks Hill is giving property investors an average Vendor Discount of around -5.81%. This puts suburb at number 261th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Cooks Hill the average time real estate has been on the market is 80.5938 days.
Situated 116.18km from the CBD, Cooks Hill is one of Newcastle (C) localities in the postcode 2300.