Over the last year, property investments in Austinmer, 2515 have given investors a capital gain of -4.76%. This compares badly with the 0.15% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Austinmer,2515 has racked up an average of -4.76% over the period. This ranks it number 2860th in the whole country for real estate investors looking at median house price increases.
The NSW suburb of Austinmer, 2515 is in the Wollongong (C) local government area.
Investment property in Austinmer has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -11.03%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Austinmer has increased when compared to the 5 year average annual rate.
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.
A $560 per week rent on the median house gives suburb investors a gross yield of circa 4.51%, without taking into account capital value appreciation, which has been averaging out at 5.15%.