Giving property investors a a poor capital gain of -6.60% for the last year, Laurieton, 2443 is the 3756th highest performer in Australia in this respect.
Over the longer term, Laurieton has seen property prices show investors a 22.67% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Laurieton is giving property investors an average Vendor Discount of around -2.66%. This puts suburb at number 1165th in NSW when ranking the most discounted suburbs.
Using the current median advertised rental of $355 and the average annual increase in value of a median property of 2.89%, investors should hope to achieve an overall return of 4.01%
With a capital gain of 6.12% for the last 12 months, Laurieton, 2443 has performed for property investments than its average annual 3.87% property growth over the last 5 years.
A 33.56% growth in median value for property investors in Laurieton,2443 puts this suburb at number 141th in terms of best performing 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 Laurieton, 2443. Typically our figures indicate that -3.55% is being offered, which puts this NSW suburb at 1180th most discounted overall in Australia.
Situated 220.36km from the CBD, Laurieton is one of Port Macquarie-Hastings localities in the postcode 2443.
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
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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