At number 2740th in the list of Australian suburbs ordered by increase in median house value over the last year, East Maitland, 2323 is in the BOTTOM 40% with a property value increase of 1.00% recorded in median house prices.
Over the longer term, East Maitland has seen property prices show investors a 20.60% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -3.86% to buyers in East Maitland at the moment, which is less than average for the rest of NSW.
Situated 128.66km from the CBD, East Maitland is one of Maitland (C) localities in the postcode 2323.
East Maitland has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 8.81% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in East Maitland has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -4.05% to buyers in East Maitland at the moment, which is less than average for the rest of NSW.
Residents and property investors in East Maitland have been waiting around 61.88 days to sell a property.
Advertised rents are around the $302.5 mark per week – giving a return of 4.04% based on the median price in Suburb
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Located in the Lower Hunter Valley, around 25km northwest of Newcastle and 160km north of Sydney, East Maitland is part of the larger city of Maitland. The other suburbs that make up the city include nearby Rutherford, Maitland and Ashtonfield.