With a capital gain of 0.74% for the last 12 months, Salamander Bay, 2317 has performed for property investments than its average annual 5.86% property growth over the last 5 years.
The five-year average increase in median property values for Salamander Bay,2317 has given property investors a potential capital gain of 35.32% across each of those five years.
Property investors looking for a bargain in Salamander Bay should be aiming for at least -4.68% off the asking price, which is the average vendor discount being achieved at the moment.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.44%, without taking into account capital value appreciation, which has been averaging out at 5.86%.
Salamander Bay is an average performer in NSW when comparing median price capital growth over the last year. Salamander Bay gave property investors a average capital gain figure when compared to the rest of the state, with -6.02%.
Across a shorter period, Salamander Bay, 2317 has seen a median price increase of -0.38% over the last quarter.
Sellers are offering property buyers an average discount of -4.17% to buyers in Salamander Bay at the moment, which is less than average for the rest of NSW.
Salamander Bay is 63th on a list of best yielding suburbs for rents in NSW with a 5.13% return