Property investors who have had real estate in Cooks Hill, 2300 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.76%
Cooks Hill,2300 was ranked 3982 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Cooks Hill itself are offering an average vendor discount of -5.73% to real estate investors.
The NSW suburb of Cooks Hill, 2300 is in the Newcastle local government area.
Cooks Hill has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.22% to date .
Cooks Hill,2300 was ranked 235 in Australia by increase in median property value over the quarter.
At number 435th of NSW’s most discounted properties, Cooks Hill is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $440 mark per week – giving a return of 3.69% based on the median price in Suburb