Giving property investors a a stable capital gain of 4.55% for the last year, Nambucca Heads, 2448 is the 1163th highest performer in Australia in this respect.
Over the longer term, Nambucca Heads has seen property prices show investors a 22.90% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Nambucca Heads are currently offering property investors an average price cut of -6.09% below the asking price at the moment.
In the last year 99 properties changed hands in Nambucca Heads, which puts it as the 229th most active market in NSW when comparing the number of sales per suburb.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.91%, without taking into account capital value appreciation, which has been averaging out at 3.72%.
Nambucca Heads is in the bottom 40% in NSW when comparing median price capital growth over the last year. Nambucca Heads gave property investors a disappointing capital gain figure when compared to the rest of the state, with -4.27%.
Comparing Nambucca Heads,2448 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Nambucca Heads is offering property investors an average of -6.01. This rate of discount on properties puts Suburb at number 280th in terms of most discounted suburbs in NSW
Nambucca Heads, 2448’s gross rental yield is 4.72%