Property value increases in Austinmer have tracked just higher than the NSW average of 11.67% over the last 12 months.
While Austinmer,2515 ranked number 1288th in NSW for increase in median house value (annualised) increase, it is ranked 746th over the last 5 years.
Sellers are offering property buyers an average discount of -6.37% to buyers in Austinmer at the moment, which is less than average for the rest of NSW.
At number 831 in a list of fastest selling suburbs, Austinmer is in the bottom 30% of suburbs in Australia with an average of days on market 77.45 for properties listed there.
At number 1487th in the list of Australian suburbs ordered by increase in median house value over the last year, Austinmer, 2515 is in the BOTTOM 20% with a property value increase of -7.45% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Austinmer,2515 has racked up an average of -7.45% over the period. This ranks it number 970th in the whole country for real estate investors looking at median house price increases.
Advertised rents are around the $630 mark per week – giving a return of 4.93% based on the median price in Suburb