Property value increases in Hawks Nest have tracked just higher than the NSW average of -4.21% over the last 12 months.
If we look at median property appreciation over just the last three months, Hawks Nest has given property investors a paper return of 0.00%. This puts Suburb as 433 on a list of fastest fasting appreciating suburbs in NSW
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 Hawks Nest, 2324. Typically our figures indicate that -7.03% is being offered, which puts this NSW suburb at 1430th most discounted overall in Australia.
Residents and property investors in Hawks Nest have been waiting around 102.217 days to sell a property.
With the median price for a house in Hawks Nest being $560000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 3.25%
With a capital gain of 27.78% for the last 12 months, Hawks Nest, 2324 has performed for property investments than its average annual 2.69% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hawks Nest has increased when compared to the 5 year average annual rate.
Hawks Nest, 2324 is offering NSW ‘s 304th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.