Property investors who have had real estate in Cooks Hill, 2300 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.64%
Over the longer term, Cooks Hill has seen property prices show investors a 9.09% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cooks Hill, 2300. Typically our figures indicate that -4.17% is being offered, which puts this NSW suburb at 1082th most discounted overall in Australia.
Situated 116.37km from the CBD, Cooks Hill is one of Newcastle (C) localities in the postcode 2300.
Cooks Hill is in the TOP 10% in NSW when comparing median price capital growth over the last year. Cooks Hill gave property investors a very good capital gain figure when compared to the rest of the state, with 45.45%.
Cooks Hill,2300 has offered an average of 45.45% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of 0.00% to buyers in Cooks Hill at the moment, which is less than average for the rest of NSW.
A $0 per week rent on the median house gives suburb investors a gross yield of circa 0.00%, without taking into account capital value appreciation, which has been averaging out at 45.45%.