Property value increases in Pottsville have tracked just higher than the NSW average of 11.67% over the last 12 months.
If we look at median property appreciation over just the last three months, Pottsville has given property investors a paper return of 2.54%. This puts Suburb as 608 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Pottsville is giving property investors an average Vendor Discount of around -2.74%. This puts suburb at number 758th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 12.00 sales per month, which equates to 144 per year.
A $580 per week rent on the median house gives suburb investors a gross yield of circa 4.53%, without taking into account capital value appreciation, which has been averaging out at 5.21%.
Investment property in Pottsville 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 13.21%
While Pottsville,2489 ranked number 343th in NSW for increase in median house value (annualised) increase, it is ranked 330th over the last 5 years.
Vendor discounting in Pottsville is giving property investors an average Vendor Discount of around -1.97%. This puts suburb at number 270th in NSW when ranking the most discounted suburbs.
Residents and property investors in Pottsville have been waiting around 41.45 days to sell a property.
Advertised rents are around the $450 mark per week – giving a return of 5.20% based on the median price in Suburb