With a capital gain of -5.96% for the last 12 months, Ellalong, 2325 has performed for property investments than its average annual 7.97% property growth over the last 5 years.
A 47.09% growth in median value for property investors in Ellalong,2325 puts this suburb at number 1290th in terms of best performing suburbs in NSW
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.38% offered to property buyers. Sellers in Ellalong itself are offering an average vendor discount of -3.83% to real estate investors.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.71%, without taking into account capital value appreciation, which has been averaging out at 7.97%.