Old Bar, 2430 ranked 725th in NSW when comparing growth in median property values or capital gain over the last 12 months. Old Bar is one of 3163 in our list for NSW
Old Bar,2430 was ranked 2680 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -4.57% to buyers in Old Bar at the moment, which is less than average for the rest of NSW.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 3.70%, investors should hope to achieve an overall return of 4.39%
Old Bar is in the TOP 10% in NSW when comparing median price capital growth over the last year. Old Bar gave property investors a very good capital gain figure when compared to the rest of the state, with 24.88%.
If we look at median property appreciation over just the last three months, Old Bar has given property investors a paper return of -2.29%. This puts Suburb as 470 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Old Bar 2430 should be seeing an average reduction in asking price of around -4.61% . This means that Old Bar is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Old Bar have been waiting around 77.78 days to sell a property.
Advertised rents are around the $310 mark per week – giving a return of 5.04% based on the median price in Suburb