Property investors who have had real estate in Cooks Hill, 2300 should be pleased 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 23.60%
If we look at median property appreciation over just the last three months, Cooks Hill has given property investors a paper return of 1.85%. This puts Suburb as 728 on a list of fastest fasting appreciating suburbs in NSW
Cooks Hill, 2300 is offering NSW ‘s 252th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
Cooks Hill is 1034th on a list of best yielding suburbs for rents in NSW with a 2.36% return
With a capital gain of 14.60% for the last 12 months, Cooks Hill, 2300 has performed for property investments than its average annual 5.81% property growth over the last 5 years.
While Cooks Hill,2300 ranked number 522th in NSW for increase in median house value (annualised) increase, it is ranked 314th over the last 5 years.
Property investors looking for a bargain in Cooks Hill should be aiming for at least -1.22% off the asking price, which is the average vendor discount being achieved at the moment.
At number 139 in a list of fastest selling suburbs, Cooks Hill is in the TOP 40% of suburbs in Australia with an average of days on market 35.96 for properties listed there.
The NSW suburb of Cooks Hill, 2300 is in the Newcastle local government area.