With a capital gain of 6.49% for the last 12 months, Laurieton, 2443 has performed for property investments than its average annual 4.27% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Laurieton,2443 has racked up an average of 6.49% over the period. This ranks it number 961th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Laurieton is $467500, with sellers offering an average of -4.14% off the asking price.
A $355 per week rent on the median house gives suburb investors a gross yield of circa 3.95%, without taking into account capital value appreciation, which has been averaging out at 4.27%.
Laurieton is in the bottom 30% in NSW when comparing median price capital growth over the last year. Laurieton gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.49%.
When looking at the potential capital gains offered to property investors over the last 3 years, Laurieton comes in at number 477th in NSW.
Property investors should expect to get $330 weekly from the median priced house in this suburb.
Laurieton recorded over 25% growth in the past year. Even then, the median house price hasn't hit the $500,000 mark, making it an affordable option for those who wish to downsize.Full summary
Information supplied by:
Development puts resort town on the map
Median house price: $490,000
Three-year growth: 48.48%
Rental yield: 4.24%
The biggest town in the Camden Haven district, Laurieton is a tourist hub that certainly seems to be getting more than holidaymakers these days.
The suburb recorded over 25% growth in the past year. Even then, the median house price does not hit the $500,000 mark, making it an affordable option for those who wish to downsize or enjoy the beach lifestyle. Laurieton could also be getting investor attention with its reasonable rental returns of more than 4%.
Given its position near Port Macquarie, Laurieton has seen much urban development to complement its beautiful natural surroundings. It is now home to a thriving commercial centre with shopping and employment opportunities. Moreover, Camden Haven High School, the largest school in the area, is only 5km from the suburb.Close