NSW has seen average median house prices change by 1.14% which means that Pottsville, 2489 has done well for property investors by showing a capital gain of 3.49% over the last year
While Pottsville,2489 ranked number 542th in NSW for increase in median house value (annualised) increase, it is ranked 170th over the last 5 years.
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 Pottsville, 2489. Typically our figures indicate that -3.91% is being offered, which puts this NSW suburb at 2729th most discounted overall in Australia.
Often selling an investment property can take time, and in Pottsville the average time real estate has been on the market is 72.4382 days.
Pottsville, 2489’s gross rental yield is 3.99%
If you compare the increase in value of investment property in Pottsville, 2489 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -6.60%.
A 31.30% growth in median value for property investors in Pottsville,2489 puts this suburb at number 493th in terms of best performing suburbs in NSW
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.74% offered to property buyers. Sellers in Pottsville itself are offering an average vendor discount of -4.33% to real estate investors.
Situated 649.04km from the CBD, Pottsville is one of Tweed (A) localities in the postcode 2489.