Avondale has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 1.97% to date .
If we look at median property appreciation over just the last three months, Avondale has given property investors a paper return of 1.97%. This puts Suburb as 411 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Avondale should be aiming for at least -6.01% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 81.73km from the CBD, Avondale is one of Wollongong localities in the postcode 2530.
Avondale has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 13.13% to date .
LACK OF BUYER INTEREST may well be the reason that Avondale is offering property investors an average of -4.57. This rate of discount on properties puts Suburb at number 463th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
A $470 per week rent on the median house gives suburb investors a gross yield of circa 4.36%, without taking into account capital value appreciation, which has been averaging out at 14.20%.