If you compare the increase in value of investment property in East Maitland, 2323 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 11.67%.
Comparing East Maitland,2323 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in East Maitland is giving property investors an average Vendor Discount of around -3.76%. This puts suburb at number 596th in NSW when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $4500 per annum or $375 every week.
At number 553th in the list of Australian suburbs ordered by increase in median house value over the last year, East Maitland, 2323 is in the top 40% with a property value increase of 9.09% recorded in median house prices.
Across a shorter period, East Maitland, 2323 has seen a median price increase of 0.67% over the last quarter.
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 East Maitland, 2323. Typically our figures indicate that -5.02% is being offered, which puts this NSW suburb at 81th most discounted overall in Australia.
In the last year 55 properties changed hands in East Maitland, which puts it as the 255th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $300 weekly from the median priced house in this suburb.
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.Full summary
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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.