Over the last year, property investments in Goonellabah, 2480 have given investors a capital gain of 3.29%. This compares very badly with the 11.67% for NSW as a whole.
A 9.13% growth in median value for property investors in Goonellabah,2480 puts this suburb at number 978th in terms of best performing suburbs in NSW
Property buyers and investors in Goonellabah 2480 should be seeing an average reduction in asking price of around -4.55% . This means that Goonellabah is holding prices well when compared to other suburbs in NSW.
Situated 592.76km from the CBD, Goonellabah is one of Lismore localities in the postcode 2480.
Investment property in Goonellabah 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 13.18%
Over the longer term, Goonellabah has seen property prices show investors a 12.13% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in Goonellabah should be aiming for at least -2.79% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Goonellabah the average time real estate has been on the market is 66.82 days.
Advertised rents are around the $300 mark per week – giving a return of 5.19% based on the median price in Suburb