Mollymook Beach is in the bottom 30% in NSW when comparing median price capital growth over the last year. Mollymook Beach gave property investors a disappointing capital gain figure when compared to the rest of the state, with -11.71%.
Mollymook Beach,2539 was ranked 3932 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Mollymook Beach is offering property investors an average of -7.34. This rate of discount on properties puts Suburb at number 434th in terms of most discounted suburbs in NSW
With the median price for a house in Mollymook Beach being $675000 and the advertised rent reaching $417.5 the gross rental yield for property investors calculates out to be 3.22%