Investment property in Nambucca Heads has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.31%
While Nambucca Heads,2448 ranked number 235th in NSW for increase in median house value (annualised) increase, it is ranked 1024th over the last 5 years.
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 Nambucca Heads itself are offering an average vendor discount of -5.77% to real estate investors.
On average over the past year, suburb has had 9.83 sales per month, which equates to 118 per year.
Nambucca Heads is 168th on a list of best yielding suburbs for rents in NSW with a 4.97% return
Nambucca Heads has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 17.14% to date .
If we look at median property appreciation over just the last three months, Nambucca Heads has given property investors a paper return of 0.00%. This puts Suburb as 161 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Nambucca Heads 2448 should be seeing an average reduction in asking price of around -4.56% . This means that Nambucca Heads is holding prices well when compared to other suburbs in NSW.
In the last year 28 properties changed hands in Nambucca Heads, which puts it as the 305th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Nambucca Heads, 2448 is in the Nambucca (A) local government area.